59, CORK ROAD, LANCASTER, LA1 4AY - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 CORK ROAD is a very small semi-detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £244,527. It was last sold for £195,000 in November 2020, which was around 14% above the average November 2020 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

59 CORK ROAD Sold Prices

Land registry data shows four sales for 59 CORK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the four 59 CORK ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 6 NOV	£195,000	£171,613	14% above HPI
2018 27 JUN	£182,000	£154,532	18% above HPI
2014 1 MAY	£163,000	£140,103	16% above HPI
2003 30 MAY	£110,000	£84,506	30% above HPI

59 CORK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The four 59 CORK ROAD sales between May 2003 and November 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2018 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 59 CORK ROAD be worth now?

59 CORK ROAD might now be worth an estimated £244,527.

This is based on house price inflation of 25.4%, between November 2020 and February 2025, for semi-detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.4% inflationary increase is applied to the most recent sale price for 59 CORK ROAD of £195,000 on 6th November 2020. For the value to have increased from £195,000 to £244,527 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 59 CORK ROAD has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The November 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 59 CORK ROAD has not materially changed since November 2020.

How Large is 59 CORK ROAD?

59 CORK ROAD is 80m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of semi-detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lancaster, and where 59 CORK ROAD lies on this distribution: 10% of semi-detached houses houses are smaller than 59 CORK ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

59 CORK ROAD: Plot and Title Map

59 CORK ROAD sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 59 CORK ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 59 CORK ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 59 CORK ROAD?

59 CORK ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 59 on CORK ROAD.