2 Oak Lea Main Street

    2 OAK LEA, MAIN STREET, WRAY, LANCASTER, LA2 8QG

    This terraced freehold property on Main Street last sold in January 2021 for £343,500. Based on price growth in the LA2 district since then, its estimated current value is £342,026 — placing it in the 58th percentile nationally and the 63rd percentile within LA2. The property covers 174 m² (1,873 sq ft), giving an estimated value of £1,966 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,873 sq ft

    174 m²

    Last Sale Price

    £343,500

    Jan 2021

    Estimated Valuation

    £342,026

    Est. £/sq ft

    £183/sq ft

    £1,966/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,873 sq ft (174 m²)
    EPC dateJan 2020
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jan 2021

    £343,500

    14 Sept 1998

    £84,000

    Key Metrics

    Estimated valuation£342,026
    Value per sq ft / m²£183/sq ft (£1,966/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LA2 district percentile63rd percentile
    National percentile58th percentile

    District Context — LA2

    LA2 covers the Lancaster area in north-west England, sitting between the Lake District and the coast. It is a mixed community with a blend of market town character, university presence, and rural surroundings.

    Average Property Price - LA2

    £327,161

    51

    National percentile

    Average Net Household Income - LA2

    £36,231

    39

    National percentile

    10-Year Annualised Price Growth - LA2

    3.7%

    55

    National percentile

    10-Year Annualised Rent Growth - LA

    3.2%

    10

    National percentile

    View full analysis for LA2

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