7 The Spinney

    7, THE SPINNEY, LANCASTER, LA1 4JQ

    This detached freehold property on The Spinney last sold in August 2023 for £255,000. Based on price growth in the LA1 district since then, its estimated current value is £264,103 — placing it in the 41st percentile nationally and the 75th percentile within LA1. The property covers 58 m² (624 sq ft), giving an estimated value of £4,554 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £255,000

    Aug 2023

    Estimated Valuation

    £264,103

    Est. £/sq ft

    £423/sq ft

    £4,554/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateMar 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2023

    £255,000

    12 Aug 2010

    £195,000

    27 Aug 2002

    £88,000

    Key Metrics

    Estimated valuation£264,103
    Value per sq ft / m²£423/sq ft (£4,554/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA1 district percentile75th percentile
    National percentile41st 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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