45 Park Road, Lancaster, LA1 3EJ is a freehold terraced property built between 1900-1929. The property offers approximately 872 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 £199,342 , which equates to approximately £229 per square foot. It was last sold on 7 Aug 2023 for £206,000. Since then, the value has decreased by £6,658, representing a 3.2% decrease, or approximately 1.4% per year.

The current estimated value of £199,342 is:

  • 3.5% higher than the average property price on Park Road
  • 8.6% lower than the average in the LA1 3EJ postcode area
  • and 14.1% 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 21 March 2023, the property was recorded as owner-occupied.

View sold house prices in LA1 3EJ

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
872 sq ft
Tenure
Freehold
Price (estimate)
£199,342
Price Per sq ft (estimate)
£229
Bedroom Count (estimate)
3 bedrooms

EPC Summary

45 Park Road, Lancaster, Lancashire, LA1 3EJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Mar 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 13 Aug 2019, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 728.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from portable electric heaters assumed for most rooms to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric instantaneous at point of use to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, limited insulation to pitched, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from fully double glazed to mostly double glazing.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA1 3EJ

19 th / 27
Price Rank
9% lower than average
6 th / 20
Size Rank
6% bigger than average
16 th / 20
Price Per Sq FT Rank
14% lower than average

Compared to other properties in LA1 3EJ , this house's estimated value ranks 19th out of 27. Based on price per square foot, it ranks 16th out of 20 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 6th out of 20 properties in its postcode area.

Sale History

Today
£199,342
streetscan.co.uk estimate
-3 %
7 Aug 2023
£206,000
Leasehold
+21.2 %
29 Sep 2021
£170,000
Leasehold
+21.4 %
8 Nov 2019
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 872 sq ft
sale price: £143,000
sale date: 26 Nov 2013
rooms: 5
size: 829 sq ft
sale price: £185,000
sale date: 20 Sep 2024
rooms: 5
size: 936 sq ft
sale price: £185,500
sale date: 10 May 2022
rooms: 4
size: 926 sq ft
sale price: £162,500
sale date: 11 Mar 2022
rooms: 5
size: 797 sq ft
sale price: £175,000
sale date: 3 Dec 2021

Data Sources

The property at 45 Park Road, Lancaster, LA1 3EJ appears three times in the Land Registry records, with the latest transaction recorded on 7 Aug 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Mar 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.