7, CHELMSFORD CLOSE, LANCASTER, LA1 4BJ - £292,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 CHELMSFORD CLOSE is a large detached house of 143m², built sometime between 1991 and 1995. It was last sold for £292,500 in September 2010, which was around 27% above the average September 2010 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.

7 CHELMSFORD CLOSE Sold Prices

Land registry data shows four sales for 7 CHELMSFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Most of the four 7 CHELMSFORD 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
2010 20 SEP	£292,500	£230,811	27% above HPI
2005 9 DEC	£246,000	£207,689	18% above HPI
2002 15 NOV	£90,000	£132,759	32% below HPI
1997 19 DEC	£120,000	£81,311	48% above HPI

7 CHELMSFORD 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 four 7 CHELMSFORD CLOSE sales between December 1997 and September 2010 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 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2010 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 7 CHELMSFORD CLOSE?

7 CHELMSFORD CLOSE is 143m² according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 7 CHELMSFORD CLOSE lies on this distribution: 74% of detached houses are smaller than 7 CHELMSFORD CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 CHELMSFORD CLOSE: Plot and Title Map

7 CHELMSFORD CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 7 CHELMSFORD 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 CHELMSFORD 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 CHELMSFORD CLOSE?

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