18 Park Square, Lancaster, LA1 3EH is a leasehold flat built between 1967-1975. The property offers approximately 592 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £81,363 , which equates to approximately £137 per square foot. It was last sold on 30 Jan 2020 for £68,000. Since then, the value has increased by £13,363, representing a 19.7% increase, or approximately 3.4% per year.

The current estimated value of £81,363 is:

  • 61.1% lower than the average property price on Park Square
  • 63.0% lower than the average in the LA1 3EH postcode area
  • and 64.9% lower than the average price for Lancaster as a whole

At the most recent EPC inspection on 23 July 2019, the property was recorded as owner-occupied.

View sold house prices in LA1 3EH

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£81,363
Price Per sq ft (estimate)
£137
Bedroom Count (estimate)
1 bedroom

EPC Summary

18 Park Square, Lancaster, Lancashire, LA1 3EH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Feb 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Jul 2019, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 41.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, 150 mm loft insulation, improving energy efficiency from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA1 3EH

18 th / 18
Price Rank
63% lower than average
12 th / 15
Size Rank
5% bigger than average
15 th / 15
Price Per Sq FT Rank
65% lower than average

Compared to other properties in LA1 3EH , this flat's estimated value ranks 18th out of 18. Based on price per square foot, it ranks 15th out of 15 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 12th out of 15 properties in its postcode area.

Sale History

Today
£81,363
streetscan.co.uk estimate
+20 %
30 Jan 2020
£68,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 818 sq ft
sale price: £135,000
sale date: 14 Dec 2020
rooms: 5
size: 1292 sq ft
sale price: £285,000
sale date: 23 Feb 2023
rooms: 6
size: 775 sq ft
sale price: £105,000
sale date: 5 Oct 2005
rooms: 5
size: 1253 sq ft
sale price: £167,500
sale date: 30 Mar 2012
rooms: 6
size: 624 sq ft
sale price: £26,000
sale date: 27 Oct 1995

Data Sources

The property at 18 Park Square, Lancaster, Lancashire, LA1 3EH appears once in the Land Registry records, with the transaction recorded on 30 Jan 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Feb 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.