1A Vale Road, Lancaster, LA1 2JN is a leasehold flat built between 1976-1982. The property offers approximately 872 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £65,391 , which equates to approximately £75 per square foot. It was last sold on 15 Nov 2004 for £52,000. Since then, the value has increased by £13,391, representing a 25.8% increase, or approximately 1.2% per year.

The current estimated value of £65,391 is:

  • 63.4% lower than the average property price on Vale Road
  • 60.5% lower than the average in the LA1 2JN 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 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 1 March 2021, the property was recorded as rented.

View sold house prices in LA1 2JN

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
872 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£65,391
Price Per sq ft (estimate)
£75
Bedroom Count (estimate)
3 bedrooms

EPC Summary

1A Vale Road, Lancaster, Lancashire, LA1 2JN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Mar 2021.

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 21 Jan 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 14.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 100mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 87% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 87% of fixed outlets
Very Good

Compared to LA1 2JN

30 th / 32
Price Rank
60% lower than average
19 th / 24
Size Rank
13% smaller than average
22 nd / 24
Price Per Sq FT Rank
55% lower than average

Compared to other properties in LA1 2JN , this flat's estimated value ranks 30th out of 32. Based on price per square foot, it ranks 22th out of 24 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 19th out of 24 properties in its postcode area.

Sale History

Today
£65,391
streetscan.co.uk estimate
+26 %
15 Nov 2004
£52,000
Leasehold
-31.6 %
30 Sep 2004
£76,000
Leasehold
+35.7 %
1 Aug 2003
£56,000
Leasehold
+25.8 %
22 Mar 2002
£44,500
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 689 sq ft
sale price: £66,500
sale date: 13 Jan 2012
rooms: 4
size: 441 sq ft
sale price: £66,500
sale date: 13 Jan 2012
rooms: 4
size: 1270 sq ft
sale price: £130,000
sale date: 10 Nov 2016
rooms: 2
size: 689 sq ft
sale price: £77,500
sale date: 20 May 2022
rooms: 5
size: 1033 sq ft
sale price: £160,000
sale date: 12 Oct 2023

Data Sources

The property at 1A Vale Road, Lancaster, LA1 2JN appears four times in the Land Registry records, with the latest transaction recorded on 15 Nov 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 2021. 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.