Flat 7, Chennell House Castle Park Mews, Lancaster, LA1 1WA is a leasehold flat built between 1991-1995. The property offers approximately 549 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £128,198 , which equates to approximately £234 per square foot. It was last sold on 14 Jan 2022 for £125,000. Since then, the value has increased by £3,198, representing a 2.6% increase, or approximately 0.7% per year.

The current estimated value of £128,198 is:

  • 19.7% lower than the average property price on Castle Park Mews
  • 15.7% lower than the average in the LA1 1WA postcode area
  • and 44.7% 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 28 July 2022, the property was recorded as rented.

View sold house prices in LA1 1WA

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£128,198
Price Per sq ft (estimate)
£234
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, Chennell House Castle Park Mews, Lancaster, Lancashire, LA1 1WA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Jul 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 14 Aug 2012. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 79% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
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 1WA

20 th / 26
Price Rank
16% lower than average
15 th / 23
Size Rank
6% smaller than average
16 th / 23
Price Per Sq FT Rank
10% lower than average

Compared to other properties in LA1 1WA , this flat's estimated value ranks 20th out of 26. Based on price per square foot, it ranks 16th out of 23 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 15th out of 23 properties in its postcode area.

Sale History

Today
£128,198
streetscan.co.uk estimate
+3 %
14 Jan 2022
£125,000
Leasehold
+35.9 %
4 Nov 2005
£92,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 624 sq ft
sale price: £122,000
sale date: 21 Feb 2024
rooms: 3
size: 624 sq ft
sale price: £210,000
sale date: 30 Jun 2023
rooms: 2
size: 560 sq ft
sale price: £147,000
sale date: 19 Apr 2022
rooms: 2
size: 517 sq ft
sale price: £113,500
sale date: 1 Apr 2022
rooms: 3
size: 592 sq ft
sale price: £115,000
sale date: 25 Feb 2022

Data Sources

The property at Flat 7, Chennell House Castle Park Mews, Lancaster, LA1 1WA appears two times in the Land Registry records, with the latest transaction recorded on 14 Jan 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jul 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.