2 Larchwood, Lancaster, LA1 4QG is a leasehold flat built between 1991-1995. The property offers approximately 420 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £111,215 , which equates to approximately £265 per square foot. It was last sold on 6 Aug 2014 for £85,000. Since then, the value has increased by £26,215, representing a 30.8% increase, or approximately 2.7% per year.

The current estimated value of £111,215 is:

  • 38.9% lower than the average property price on Larchwood
  • 36.0% lower than the average in the LA1 4QG postcode area
  • and 52.2% 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 18 December 2020, the property was recorded as rented.

View sold house prices in LA1 4QG

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£111,215
Price Per sq ft (estimate)
£265
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Larchwood, Lancaster, Lancashire, LA1 4QG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Dec 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 5 Jan 2011. The rating of C is unchanged, though the energy efficiency score decreased by 7.9%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 88% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to LA1 4QG

24 th / 25
Price Rank
36% lower than average
14 th / 18
Size Rank
30% smaller than average
17 th / 18
Price Per Sq FT Rank
9% lower than average

Compared to other properties in LA1 4QG , this flat's estimated value ranks 24th out of 25. Based on price per square foot, it ranks 17th out of 18 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 14th out of 18 properties in its postcode area.

Sale History

Today
£111,215
streetscan.co.uk estimate
+31 %
6 Aug 2014
£85,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £112,500
sale date: 16 Feb 2024
rooms: 2
size: 431 sq ft
sale price: £75,000
sale date: 31 Aug 2016
rooms: 2
size: 431 sq ft
sale price: £65,000
sale date: 11 Sep 2015
rooms: 2
size: 398 sq ft
sale price: £76,500
sale date: 8 Jul 2013
rooms: 2
size: 420 sq ft
sale price: £81,000
sale date: 31 Jul 2009

Data Sources

The property at 2 Larchwood, Lancaster, Lancashire, LA1 4QG appears once in the Land Registry records, with the transaction recorded on 6 Aug 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Dec 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.