3 Ridge Lane

    3, RIDGE LANE, LANCASTER, LANCASTER, LA1 1EB

    This terraced freehold property on Ridge Lane last sold in September 2005 for £62,500. Based on price growth in the LA1 district since then, its estimated current value is £98,883 — placing it in the 4th percentile nationally and the 7th percentile within LA1. The property covers 169 m² (1,819 sq ft), giving an estimated value of £585 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,819 sq ft

    169 m²

    Last Sale Price

    £62,500

    Sept 2005

    Estimated Valuation

    £98,883

    Est. £/sq ft

    £54/sq ft

    £585/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,819 sq ft (169 m²)
    EPC dateJun 2016
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Sept 2005

    £62,500

    Key Metrics

    Estimated valuation£98,883
    Value per sq ft / m²£54/sq ft (£585/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile7th percentile
    National percentile4th percentile

    District Context — LA1

    LA1 covers Lancaster and its surrounding areas in north-west England, positioned between the Lake District and Morecambe Bay. It is a mixed community blending university town vibrancy with traditional coastal and rural character.

    Average Property Price - LA1

    £213,666

    16

    National percentile

    Average Net Household Income - LA1

    £35,197

    32

    National percentile

    10-Year Annualised Price Growth - LA1

    2.7%

    20

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA1

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