7, COTTON SQUARE, LANCASTER, LA1 5US - £330,000

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 COTTON SQUARE is a small detached house of 105m², which could now be worth an estimated £338,379. It was last sold for £330,000 in March 2024, which was around 1% above the average March 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

7 COTTON SQUARE Sold Prices

Land registry data shows three sales for 7 COTTON SQUARE 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. Two of the three 7 COTTON SQUARE sales were for above the average price, whilst one was for below 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
2024 6 MAR	£330,000	£325,755	1% above HPI
2020 26 NOV	£245,000	£273,516	10% below HPI
2014 26 SEP	£235,000	£226,749	4% above HPI

7 COTTON SQUARE 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 COTTON SQUARE sales between September 2014 and March 2024 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 November 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 7 COTTON SQUARE be worth now?

7 COTTON SQUARE might now be worth an estimated £338,379.

This is based on house price inflation of 2.5%, between March 2024 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 2.5% inflationary increase is applied to the most recent sale price for 7 COTTON SQUARE of £330,000 on 6th March 2024. For the value to have increased from £330,000 to £338,379 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 7 COTTON SQUARE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2024 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COTTON SQUARE has not materially changed since March 2024.

How Large is 7 COTTON SQUARE?

7 COTTON SQUARE is 105m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% 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 COTTON SQUARE lies on this distribution: 28% of detached houses houses are smaller than 7 COTTON SQUARE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 COTTON SQUARE: Plot and Title Map

7 COTTON SQUARE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 7 COTTON SQUARE, 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 COTTON SQUARE). 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 COTTON SQUARE?

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