2 Mill Street, Lancaster, LA1 3PL is a freehold terraced property built between 1900-1929. The property offers approximately 915 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £174,646 , which equates to approximately £191 per square foot. It was last sold on 28 Jul 2023 for £175,000. Since then, the value has decreased by £354, representing a 0.2% decrease, or approximately 0.1% per year.

The current estimated value of £174,646 is:

  • 8.4% higher than the average property price on Mill Street
  • 14.2% higher than the average in the LA1 3PL postcode area
  • and 24.7% 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 18 April 2023, the property was recorded as owner-occupied.

View sold house prices in LA1 3PL

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
915 sq ft
Tenure
Freehold
Price (estimate)
£174,646
Price Per sq ft (estimate)
£191
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 Mill Street, Lancaster, Lancashire, LA1 3PL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Apr 2023.

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 mostly double glazed.

The previous EPC assessment was conducted on 22 Jul 2014, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 47.4%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • 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 fully double glazed to mostly double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 55% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Mostly double glazing
Good
Lighting
Low energy lighting in 55% of fixed outlets
Good

Compared to LA1 3PL

3 rd / 20
Price Rank
14% higher than average
6 th / 19
Size Rank
5% bigger than average
4 th / 19
Price Per Sq FT Rank
9% higher than average

Compared to other properties in LA1 3PL , this house's estimated value ranks 3rd out of 20. Based on price per square foot, it ranks 4th out of 19 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 19 properties in its postcode area.

Sale History

Today
£174,646
streetscan.co.uk estimate
-0 %
28 Jul 2023
£175,000
Leasehold
+40 %
27 Oct 2017
£125,000
Leasehold
+2 %
24 Apr 2015
£122,500
Leasehold
-0.4 %
29 Jun 2007
£123,000
Leasehold
+70.1 %
2 May 2003
£72,300
Leasehold
+90.3 %
31 May 2000
£38,000
Leasehold
+5.6 %
31 Jul 1998
£36,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 883 sq ft
sale price: £175,000
sale date: 30 Apr 2024
rooms: 3
size: 818 sq ft
sale price: £165,000
sale date: 3 Jan 2023
rooms: 4
size: 958 sq ft
sale price: £150,000
sale date: 18 Nov 2022
rooms: 4
size: 850 sq ft
sale price: £172,150
sale date: 29 Jul 2022
rooms: 4
size: 872 sq ft
sale price: £100,500
sale date: 17 Nov 2020

Data Sources

The property at 2 Mill Street, Lancaster, LA1 3PL appears seven times in the Land Registry records, with the latest transaction recorded on 28 Jul 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Apr 2023. 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.