5 Parsons Close

    5, PARSONS CLOSE, LANCASTER, LA1 5FQ

    This detached freehold property on Parsons Close last sold in September 2020 for £385,000. Based on price growth in the LA1 district since then, its estimated current value is £488,548 — placing it in the 78th percentile nationally and the 96th percentile within LA1. The property covers 127 m² (1,367 sq ft), giving an estimated value of £3,847 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,367 sq ft

    127 m²

    Last Sale Price

    £385,000

    Sept 2020

    Estimated Valuation

    £488,548

    Est. £/sq ft

    £357/sq ft

    £3,847/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,367 sq ft (127 m²)
    EPC dateSept 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Sept 2020

    £385,000

    16 Jan 2015

    £360,000

    26 Nov 2003

    New build

    £184,995

    Key Metrics

    Estimated valuation£488,548
    Value per sq ft / m²£357/sq ft (£3,847/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile96th percentile
    National percentile78th 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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