7 Farm Lane

    7, FARM LANE, LANCASTER, LA1 5WL

    This detached freehold property on Farm Lane last sold in December 2023 for £615,000. Based on price growth in the LA1 district since then, its estimated current value is £636,954 — placing it in the 88th percentile nationally and the 98th percentile within LA1. The property covers 181 m² (1,948 sq ft), giving an estimated value of £3,519 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,948 sq ft

    181 m²

    Last Sale Price

    £615,000

    Dec 2023

    Estimated Valuation

    £636,954

    Est. £/sq ft

    £327/sq ft

    £3,519/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,948 sq ft (181 m²)
    EPC dateSept 2023
    WallsAverage thermal transmittance 0.18 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2023

    New build

    £615,000

    Key Metrics

    Estimated valuation£636,954
    Value per sq ft / m²£327/sq ft (£3,519/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile98th percentile
    National percentile88th 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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