40 Grasmere Road

    40, GRASMERE ROAD, LANCASTER, LANCASTER, LA1 3HE

    This semi-detached freehold property on Grasmere Road last sold in May 2002 for £40,000. Based on price growth in the LA1 district since then, its estimated current value is £122,766 — placing it in the 7th percentile nationally and the 15th percentile within LA1. The property covers 44 m² (474 sq ft), giving an estimated value of £2,790 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £40,000

    May 2002

    Estimated Valuation

    £122,766

    Est. £/sq ft

    £259/sq ft

    £2,790/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area474 sq ft (44 m²)
    EPC dateFeb 2024
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2002

    £40,000

    Key Metrics

    Estimated valuation£122,766
    Value per sq ft / m²£259/sq ft (£2,790/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile15th percentile
    National percentile7th 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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