1 Olive Road, Lancaster, LA1 2BZ is a freehold terraced property built between 1900-1929. The property offers approximately 570 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £65,520 , which equates to approximately £115 per square foot. It was last sold on 9 Jun 2022 for £63,000. Since then, the value has increased by £2,520, representing a 4.0% increase, or approximately 1.1% per year.

The current estimated value of £65,520 is:

  • 43.3% lower than the average property price on Olive Road
  • 41.3% lower than the average in the LA1 2BZ postcode area
  • and 71.8% 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 15 August 2022, the property was recorded as owner-occupied.

View sold house prices in LA1 2BZ

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
570 sq ft
Tenure
Freehold
Price (estimate)
£65,520
Price Per sq ft (estimate)
£115
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Olive Road, Lancaster, Lancashire, LA1 2BZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Aug 2022.

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 5 May 2022, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 163%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 250 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from sandstone or limestone, as built, no insulation (assumed) to sandstone or limestone, with internal insulation, improving energy efficiency from very poor to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Sandstone or limestone, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA1 2BZ

11 th / 23
Price Rank
41% lower than average
9 th / 20
Size Rank
3% bigger than average
11 th / 20
Price Per Sq FT Rank
43% lower than average

Compared to other properties in LA1 2BZ , this house's estimated value ranks 11th out of 23. Based on price per square foot, it ranks 11th out of 20 properties. In terms of size, this home ranks 9th out of 20 properties in its postcode area.

Sale History

Today
£65,520
streetscan.co.uk estimate
+4 %
9 Jun 2022
£63,000
Leasehold
+12.5 %
31 Oct 2003
£56,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £128,000
sale date: 14 Mar 2025
rooms: 3
size: 538 sq ft
sale price: £125,000
sale date: 10 Feb 2025
rooms: 3
size: 570 sq ft
sale price: £110,000
sale date: 6 Dec 2024
rooms: 3
size: 614 sq ft
sale price: £82,500
sale date: 7 Jun 2024
rooms: 3
size: 581 sq ft
sale price: £115,000
sale date: 25 Jan 2023

Data Sources

The property at 1 Olive Road, Lancaster, LA1 2BZ appears two times in the Land Registry records, with the latest transaction recorded on 9 Jun 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Aug 2022. 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.