73, CRAG ROAD, LANCASTER, LA1 3LX - £220,000

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.

73 CRAG ROAD is a small detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £258,373. It was last sold for £220,000 in March 2021, which was around 23% below the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

73 CRAG ROAD Sold Prices

Land registry data shows two sales for 73 CRAG ROAD 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. Both of the two 73 CRAG ROAD sales were 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
2021 12 MAR	£220,000	£284,417	23% below HPI
1999 1 MAR	£52,000	£76,777	32% below HPI

73 CRAG ROAD 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 73 CRAG ROAD sales from March 1999 and March 2021 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 March 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 73 CRAG ROAD be worth now?

73 CRAG ROAD might now be worth an estimated £258,373.

This is based on house price inflation of 17.4%, between March 2021 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 17.4% inflationary increase is applied to the most recent sale price for 73 CRAG ROAD of £220,000 on 12th March 2021. For the value to have increased from £220,000 to £258,373 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 73 CRAG ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 73 CRAG ROAD has not materially changed since March 2021.

How Large is 73 CRAG ROAD?

73 CRAG ROAD is 98m² according to the EPC inspection conducted in November 2020. 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 73 CRAG ROAD lies on this distribution: 22% of detached houses houses are smaller than 73 CRAG ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

73 CRAG ROAD: Plot and Title Map

73 CRAG ROAD sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 73 CRAG 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 73 CRAG 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 73 CRAG ROAD?

73 CRAG ROAD is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 73 on CRAG ROAD.