25, The Millrace Damside Street, Lancaster, LA1 1BL is a leasehold flat built between 2003-2006. The property offers approximately 764 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £196,201 , which equates to approximately £257 per square foot. It was last sold on 24 Aug 2022 for £195,000. Since then, the value has increased by £1,201, representing a 0.6% increase, or approximately 0.2% per year.

The current estimated value of £196,201 is:

  • 7.9% higher than the average property price on Damside Street
  • 6.9% lower than the average in the LA1 1BL postcode area
  • and 15.7% lower than the average price for Lancaster as a whole

At the most recent EPC inspection on 26 February 2018, the property was recorded as owner-occupied.

View sold house prices in LA1 1BL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£196,201
Price Per sq ft (estimate)
£257
Bedroom Count (estimate)
2 bedrooms

EPC Summary

25, The Millrace Damside Street, Lancaster, Lancashire, LA1 1BL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 26 Feb 2018.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Nov 2008, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 39%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to sandstone or limestone, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Sandstone or limestone, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to LA1 1BL

3 rd / 22
Price Rank
7% lower than average
9 th / 18
Size Rank
11% smaller than average
2 nd / 18
Price Per Sq FT Rank
5% higher than average

Compared to other properties in LA1 1BL , this flat's estimated value ranks 3rd out of 22. Based on price per square foot, it ranks 2nd out of 18 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 9th out of 18 properties in its postcode area.

Sale History

Today
£196,201
streetscan.co.uk estimate
+1 %
24 Aug 2022
£195,000
Leasehold
-14.8 %
4 May 2005
£229,000
Leasehold

Area Insights

Similar Properties Sold Nearby

7, The Millrace Damside Street, Lancaster, LA1 1BL
rooms: 3
size: 732 sq ft
sale price: £158,000
sale date: 25 Oct 2021
2, The Millrace Damside Street, Lancaster, LA1 1BL
rooms: 3
size: 807 sq ft
sale price: £117,500
sale date: 16 Oct 2019
11, The Millrace Damside Street, Lancaster, LA1 1BL
rooms: 3
size: 721 sq ft
sale price: £120,000
sale date: 11 Oct 2013
23, The Millrace Damside Street, Lancaster, LA1 1BL
rooms: 3
size: 700 sq ft
sale price: £197,500
sale date: 26 Aug 2005
14, The Millrace Damside Street, Lancaster, LA1 1BL
rooms: 3
size: 743 sq ft
sale price: £162,000
sale date: 21 Jul 2005

Data Sources

The property at 25, The Millrace Damside Street, Lancaster, LA1 1BL appears two times in the Land Registry records, with the latest transaction recorded on 24 Aug 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Feb 2018. 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.
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