8, KEER BANK, LANCASTER, LA1 5TE - £300,000

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.

8 KEER BANK is a large extended detached house of 151m², built sometime between 1983 and 1990, which could now be worth an estimated £305,063. It was last sold for £300,000 in April 2024, which was around 9% below the average April 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

8 KEER BANK Sold Prices

Land registry data shows four sales for 8 KEER BANK 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. All of the four 8 KEER BANK 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
2024 12 APR	£300,000	£328,482	9% below HPI
2023 21 DEC	£300,000	£336,748	11% below HPI
2017 3 NOV	£185,000	£242,276	24% below HPI
2001 5 OCT	£81,000	£104,630	23% below HPI

8 KEER BANK 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 8 KEER BANK sales between October 2001 and April 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 December 2023 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 8 KEER BANK be worth now?

8 KEER BANK might now be worth an estimated £305,063.

This is based on house price inflation of 1.7%, between April 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 1.7% inflationary increase is applied to the most recent sale price for 8 KEER BANK of £300,000 on 12th April 2024. For the value to have increased from £300,000 to £305,063 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 8 KEER BANK has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The April 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8 KEER BANK has not materially changed since April 2024.

How Large is 8 KEER BANK?

8 KEER BANK is 151m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 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 8 KEER BANK lies on this distribution: 78% of detached houses houses are smaller than 8 KEER BANK, and 22% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

8 KEER BANK: Plot and Title Map

8 KEER BANK sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 8 KEER BANK, 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 8 KEER BANK). 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 8 KEER BANK?

8 KEER BANK is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 8 on KEER BANK.