7, COTTON SQUARE, LANCASTER, LA1 5US - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 COTTON SQUARE is a small detached house of 105m². It was last sold for £245,000 in November 2020, which was around 13% below the average November 2020 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 two sales for 7 COTTON SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. One of the two 7 COTTON SQUARE sales was for below the average price, whilst the other was 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 26 NOV	£245,000	£281,968	13% below HPI
2014 26 SEP	£235,000	£233,755	1% 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 two 7 COTTON SQUARE sales from September 2014 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 September 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

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 in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 7 COTTON SQUARE lies on this distribution: 28% of detached 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.