24 Franklin Street, Lancaster, LA1 4TA is a freehold terraced property built between 1900-1929. 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 £142,553 , which equates to approximately £170 per square foot. It was last sold on 3 Dec 2021 for £130,000. Since then, the value has increased by £12,553, representing a 9.7% increase, or approximately 2.4% per year.

The current estimated value of £142,553 is:

  • 25.5% lower than the average property price on Franklin Street
  • 25.4% lower than the average in the LA1 4TA postcode area
  • and 38.5% 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 7 October 2022, the property was recorded as rented.

View sold house prices in LA1 4TA

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
840 sq ft
Tenure
Freehold
Price (estimate)
£142,553
Price Per sq ft (estimate)
£170
Bedroom Count (estimate)
2 bedrooms

EPC Summary

24 Franklin Street, Lancaster, Lancashire, LA1 4TA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Oct 2022.

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 27 Sep 2021, when the property was rated F. Since then, the rating has improved to C, with the energy efficiency score increasing by 242.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, standard tariff to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA1 4TA

20 th / 20
Price Rank
25% lower than average
11 th / 18
Size Rank
2% smaller than average
18 th / 18
Price Per Sq FT Rank
24% lower than average

Compared to other properties in LA1 4TA , this house's estimated value ranks 20th out of 20. Based on price per square foot, it ranks 18th 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 11th out of 18 properties in its postcode area.

Sale History

Today
£142,553
streetscan.co.uk estimate
+10 %
3 Dec 2021
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 883 sq ft
sale price: £205,000
sale date: 2 Nov 2023
rooms: 4
size: 786 sq ft
sale price: £148,000
sale date: 6 Apr 2023
rooms: 4
size: 861 sq ft
sale price: £155,000
sale date: 29 Nov 2019
rooms: 4
size: 795 sq ft
sale price: £134,000
sale date: 29 Mar 2019
rooms: 3
size: 883 sq ft
sale price: £140,000
sale date: 18 Jan 2019

Data Sources

The property at 24 Franklin Street, Lancaster, Lancashire, LA1 4TA appears once in the Land Registry records, with the transaction recorded on 3 Dec 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Oct 2022. 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.