40 The Colonnade, Lancaster, LA1 3FP is a leasehold flat built between 1996-2002. The property offers approximately 700 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £202,641 , which equates to approximately £290 per square foot. It was last sold on 20 Dec 2002 for £97,950. Since then, the value has increased by £104,691, representing a 106.9% increase, or approximately 4.6% per year.

The current estimated value of £202,641 is:

  • 13.0% higher than the average property price on The Colonnade
  • 17.1% higher than the average in the LA1 3FP postcode area
  • and 12.6% 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 1 December 2020, the property was recorded as rented.

View sold house prices in LA1 3FP

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£202,641
Price Per sq ft (estimate)
£290
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 The Colonnade, Lancaster, Lancashire, LA1 3FP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 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 3 Apr 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6%.

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
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA1 3FP

20 th / 36
Price Rank
17% higher than average
18 th / 31
Size Rank
6% smaller than average
13 th / 31
Price Per Sq FT Rank
24% higher than average

Compared to other properties in LA1 3FP , this flat's estimated value ranks 20th out of 36. Based on price per square foot, it ranks 13th out of 31 properties. In terms of size, this home ranks 18th out of 31 properties in its postcode area.

Sale History

Today
£202,641
streetscan.co.uk estimate
+107 %
20 Dec 2002
£97,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 614 sq ft
sale price: £112,500
sale date: 23 Apr 2025
rooms: 3
size: 667 sq ft
sale price: £162,000
sale date: 15 Aug 2024
rooms: 2
size: 614 sq ft
sale price: £99,950
sale date: 12 Jan 2023
rooms: 3
size: 668 sq ft
sale price: £131,000
sale date: 9 Apr 2021
rooms: 3
size: 635 sq ft
sale price: £117,500
sale date: 21 Dec 2020

Data Sources

The property at 40 The Colonnade, Lancaster, Lancashire, LA1 3FP appears once in the Land Registry records, with the transaction recorded on 20 Dec 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 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.