12 Bank Road, Lancaster, LA1 2DG is a freehold terraced property built before 1900. The property offers approximately 840 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £96,372 , which equates to approximately £115 per square foot. It was last sold on 22 Jun 2012 for £63,500. Since then, the value has increased by £32,872, representing a 51.8% increase, or approximately 3.8% per year.

The current estimated value of £96,372 is:

  • 18.4% lower than the average property price on Bank Road
  • 17.0% lower than the average in the LA1 2DG postcode area
  • and 58.4% lower than the average price for Lancaster as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 22 October 2020, the property was recorded as rented.

View sold house prices in LA1 2DG

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
840 sq ft
Tenure
Freehold
Price (estimate)
£96,372
Price Per sq ft (estimate)
£115
Bedroom Count (estimate)
2 bedrooms

EPC Summary

12 Bank Road, Lancaster, Lancashire, LA1 2DG has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 22 Oct 2020.

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 29 Jul 2010, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 11.7%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • 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).
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to LA1 2DG

25 th / 28
Price Rank
17% lower than average
3 rd / 23
Size Rank
19% bigger than average
22 nd / 23
Price Per Sq FT Rank
30% lower than average

Compared to other properties in LA1 2DG , this house's estimated value ranks 25th out of 28. Based on price per square foot, it ranks 22th 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 3rd out of 23 properties in its postcode area.

Sale History

Today
£96,372
streetscan.co.uk estimate
+52 %
22 Jun 2012
£63,500
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: 5
size: 893 sq ft
sale price: £86,000
sale date: 15 Dec 2020
rooms: 4
size: 797 sq ft
sale price: £91,000
sale date: 8 Jun 2018

Data Sources

The property at 12 Bank Road, Lancaster, Lancashire, LA1 2DG appears once in the Land Registry records, with the transaction recorded on 22 Jun 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Oct 2020. 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.