CLAREMONT COTTAGE, BOWERHAM ROAD, LANCASTER, LA1 4AA - £277,500

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.

CLAREMONT COTTAGE is a small extended detached house of 109m², built sometime before 1900, which could now be worth an estimated £428,637. It was last sold for £277,500 in December 2012, which was around 28% above the average December 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

CLAREMONT COTTAGE Sold Prices

Land registry data shows four sales for CLAREMONT COTTAGE 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. The four CLAREMONT COTTAGE sales were a mix of above the average price, and roughly equal to 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
2012 3 DEC	£277,500	£216,249	28% above HPI
2005 5 SEP	£245,000	£206,764	18% above HPI
2002 30 AUG	£138,000	£119,574	15% above HPI
1995 6 OCT	£80,000	£79,858	Close to HPI

CLAREMONT COTTAGE 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 CLAREMONT COTTAGE sales between October 1995 and December 2012 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 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2012 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might CLAREMONT COTTAGE be worth now?

CLAREMONT COTTAGE might now be worth an estimated £428,637.

This is based on house price inflation of 54.5%, between December 2012 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 54.5% inflationary increase is applied to the most recent sale price for CLAREMONT COTTAGE of £277,500 on 3rd December 2012. For the value to have increased from £277,500 to £428,637 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of CLAREMONT COTTAGE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2012 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of CLAREMONT COTTAGE has not materially changed since December 2012.

How Large is CLAREMONT COTTAGE?

CLAREMONT COTTAGE is 109m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% 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 CLAREMONT COTTAGE lies on this distribution: 34% of detached houses houses are smaller than CLAREMONT COTTAGE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

CLAREMONT COTTAGE: Plot and Title Map

CLAREMONT COTTAGE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of CLAREMONT COTTAGE, 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 CLAREMONT COTTAGE). 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 CLAREMONT COTTAGE?

CLAREMONT COTTAGE is located on BOWERHAM ROAD in LANCASTER, in the LA1 postcode district. The below map shows the position of CLAREMONT COTTAGE on BOWERHAM ROAD.