40 Prospect Street, Lancaster, LA1 3BJ is a freehold terraced property built before 1900. The property offers approximately 527 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £172,828 , which equates to approximately £328 per square foot. It was last sold on 1 Feb 2007 for £120,000. Since then, the value has increased by £52,828, representing a 44.0% increase, or approximately 2.3% per year.

The current estimated value of £172,828 is:

  • 3.0% lower than the average property price on Prospect Street
  • 1.1% higher than the average in the LA1 3BJ postcode area
  • and 25.5% lower than the average price for Lancaster as a whole

At the most recent EPC inspection on 23 August 2021, the property was recorded as rented.

View sold house prices in LA1 3BJ

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
527 sq ft
Tenure
Freehold
Price (estimate)
£172,828
Price Per sq ft (estimate)
£328
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Prospect Street, Lancaster, Lancashire, LA1 3BJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Aug 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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to LA1 3BJ

15 th / 35
Price Rank
1% higher than average
25 th / 32
Size Rank
29% smaller than average
4 th / 32
Price Per Sq FT Rank
42% higher than average

Compared to other properties in LA1 3BJ , this house's estimated value ranks 15th out of 35. Based on price per square foot, it ranks 4th out of 32 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 25th out of 32 properties in its postcode area.

Sale History

Today
£172,828
streetscan.co.uk estimate
+44 %
1 Feb 2007
£120,000
Leasehold
+12.1 %
12 Nov 2004
£107,000
Leasehold
+84.5 %
22 Aug 2002
£58,000
Leasehold
+54.7 %
9 May 1997
£37,500
Leasehold

Area Insights

Similar Properties Sold Nearby

34 Prospect Street, Lancaster, LA1 3BJ
rooms: 4
size: 603 sq ft
sale price: £147,500
sale date: 7 Aug 2024
50 Prospect Street, Lancaster, LA1 3BJ
rooms: 4
size: 581 sq ft
sale price: £135,000
sale date: 31 May 2024
42 Prospect Street, Lancaster, LA1 3BJ
rooms: 3
size: 495 sq ft
sale price: £100,000
sale date: 6 Oct 2023
58 Prospect Street, Lancaster, LA1 3BJ
rooms: 4
size: 527 sq ft
sale price: £90,000
sale date: 9 Nov 2021
54 Prospect Street, Lancaster, LA1 3BJ
rooms: 4
size: 539 sq ft
sale price: £92,000
sale date: 12 Jan 2018

Data Sources

The property at 40 Prospect Street, Lancaster, LA1 3BJ appears four times in the Land Registry records, with the latest transaction recorded on 1 Feb 2007. It also has a single Energy Performance Certificate (EPC) from 23 Aug 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.
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