7, ASCOT CLOSE, LANCASTER, LA1 4LT - £360,000

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.

7 ASCOT CLOSE is a midsized extended detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £435,093. It was last sold for £360,000 in December 2020, which was around 30% above the average December 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

7 ASCOT CLOSE Sold Prices

Land registry data shows three sales for 7 ASCOT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 7 ASCOT CLOSE 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 22 DEC	£360,000	£276,376	30% above HPI
2009 8 DEC	£250,000	£218,641	14% above HPI
1996 22 NOV	£87,000	£76,202	14% above HPI

7 ASCOT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 7 ASCOT CLOSE sales between November 1996 and December 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 December 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 7 ASCOT CLOSE be worth now?

7 ASCOT CLOSE might now be worth an estimated £435,093.

This is based on house price inflation of 20.9%, between December 2020 and February 2025, for 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 20.9% inflationary increase is applied to the most recent sale price for 7 ASCOT CLOSE of £360,000 on 22nd December 2020. For the value to have increased from £360,000 to £435,093 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 ASCOT CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ASCOT CLOSE has not materially changed since December 2020.

How Large is 7 ASCOT CLOSE?

7 ASCOT CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where 7 ASCOT CLOSE lies on this distribution: 50% of detached houses houses are smaller than 7 ASCOT CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 ASCOT CLOSE: Plot and Title Map

7 ASCOT CLOSE sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of 7 ASCOT CLOSE, 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 7 ASCOT CLOSE). 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 7 ASCOT CLOSE?

7 ASCOT CLOSE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 7 on ASCOT CLOSE.