2 Derby Road

    2, DERBY ROAD, LANCASTER, LA1 2AD

    This terraced freehold property on Derby Road last sold in March 2019 for £112,500. Based on price growth in the LA1 district since then, its estimated current value is £140,007 — placing it in the 10th percentile nationally and the 24th percentile within LA1. The property covers 71 m² (764 sq ft), giving an estimated value of £1,972 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £112,500

    Mar 2019

    Estimated Valuation

    £140,007

    Est. £/sq ft

    £183/sq ft

    £1,972/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateNov 2015
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Mar 2019

    £112,500

    31 Jan 2017

    £90,000

    17 Dec 2010

    £110,000

    13 Apr 2010

    £74,000

    10 Oct 2003

    £63,000

    30 May 2002

    £41,000

    Key Metrics

    Estimated valuation£140,007
    Value per sq ft / m²£183/sq ft (£1,972/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile24th percentile
    National percentile10th 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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