Flat 3, 8 Fenton Street, Lancaster, LA1 1TE is a leasehold flat built between 2003-2006. The property offers approximately 431 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £123,943 , which equates to approximately £288 per square foot. It was last sold on 12 Nov 2012 for £96,500. Since then, the value has increased by £27,443, representing a 28.4% increase, or approximately 2.2% per year.

The current estimated value of £123,943 is:

  • 30.9% lower than the average property price on Fenton Street
  • 21.2% lower than the average in the LA1 1TE postcode area
  • and 46.6% 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 24 November 2022, the property was recorded as rented.

View sold house prices in LA1 1TE

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£123,943
Price Per sq ft (estimate)
£288
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 8 Fenton Street, Lancaster, Lancashire, LA1 1TE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Nov 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 Aug 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from sandstone, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 300 mm loft insulation
Very 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 1TE

15 th / 16
Price Rank
21% lower than average
6 th / 8
Size Rank
27% smaller than average
3 rd / 8
Price Per Sq FT Rank
8% higher than average

Compared to other properties in LA1 1TE , this flat's estimated value ranks 15th out of 16. Based on price per square foot, it ranks 3rd out of 8 properties. In terms of size, this home ranks 6th out of 8 properties in its postcode area.

Sale History

Today
£123,943
streetscan.co.uk estimate
+28 %
12 Nov 2012
£96,500
Leasehold
-10.2 %
16 Mar 2007
£107,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 484 sq ft
sale price: £130,000
sale date: 26 Sep 2022
rooms: 2
size: 431 sq ft
sale price: £115,000
sale date: 3 Dec 2021
rooms: 2
size: 409 sq ft
sale price: £107,500
sale date: 31 Jan 2020
rooms: 2
size: 420 sq ft
sale price: £102,000
sale date: 10 May 2007

Data Sources

The property at Flat 3, 8 Fenton Street, Lancaster, LA1 1TE appears two times in the Land Registry records, with the latest transaction recorded on 12 Nov 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Nov 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.