1 Bank Road, Lancaster, LA1 2DG is a freehold terraced property built between 1900-1929. The property offers approximately 883 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £93,076 , which equates to approximately £105 per square foot. It was last sold on 2 Jun 2000 for £21,950. Since then, the value has increased by £71,126, representing a 324.0% increase, or approximately 12.7% per year.

The current estimated value of £93,076 is:

  • 21.2% lower than the average property price on Bank Road
  • 19.8% lower than the average in the LA1 2DG postcode area
  • and 59.9% lower than the average price for Lancaster as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 12 January 2016, the property was recorded as owner-occupied.

View sold house prices in LA1 2DG

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
883 sq ft
Tenure
Freehold
Price (estimate)
£93,076
Price Per sq ft (estimate)
£105
Bedroom Count (estimate)
3 bedrooms

EPC Summary

1 Bank Road, Lancaster, Lancashire, LA1 2DG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Jan 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Aug 2014. The rating of D is unchanged, though the energy efficiency score decreased by 9.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to LA1 2DG

22 nd / 28
Price Rank
20% lower than average
2 nd / 23
Size Rank
25% bigger than average
20 th / 23
Price Per Sq FT Rank
36% lower than average

Compared to other properties in LA1 2DG , this house's estimated value ranks 22th out of 28. Based on price per square foot, it ranks 20th out of 23 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 23 properties in its postcode area.

Sale History

Today
£93,076
streetscan.co.uk estimate
+324 %
2 Jun 2000
£21,950
Leasehold
-18.7 %
30 Mar 2000
£27,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 797 sq ft
sale price: £118,500
sale date: 25 Jul 2023
rooms: 3
size: 797 sq ft
sale price: £120,000
sale date: 30 Mar 2022
rooms: 4
size: 797 sq ft
sale price: £116,000
sale date: 4 Mar 2022
rooms: 4
size: 797 sq ft
sale price: £91,000
sale date: 8 Jun 2018
rooms: 3
size: 797 sq ft
sale price: £65,000
sale date: 9 Oct 2015

Data Sources

The property at 1 Bank Road, Lancaster, LA1 2DG appears two times in the Land Registry records, with the latest transaction recorded on 2 Jun 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jan 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.