1 The Old Smithy, Lancaster
1 The Old Smithy, Lancaster
Description & Estimates
The public record describes 1 The Old Smithy, Lancaster as a modern house with 1,883 ft2 of internal area, sitting on a 750 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
1 The Old Smithy, Lancaster has an estimated sale value of £403,983 and an estimated rental value of £1,384 per month, assuming reasonable condition and based on the information available.
Marsh Lane, Cockerham, Lancaster, LA2 lies in the borough of Lancaster, within the LA2 postal district.
Our Data Sources
1 The Old Smithy, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1 The Old Smithy, Lancaster would be worth £424,182, with a potential rental value of £1,453 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £375,704, with a rental value of £1,287 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1 The Old Smithy, Lancaster has fallen by £2,025 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £41 (2.9%). The property's estimated gross yield is currently 4.1%.
Plot Size
1 The Old Smithy, Lancaster occupies a 750 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
1 The Old Smithy, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Sep 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
1 The Old Smithy, Lancaster last changed hands on 20th November 2006, selling for £310,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Nov 2006£310,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.9 kilometres of 1 The Old Smithy, Lancaster across the last 2 years.
Most recently, Bank Barn, Village Road, Lancaster, LA2 0BF, a freehold house, sold at £420,000 on the 5th July 2024.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1 The Old Smithy, Lancaster as the 5th largest and the 4th most expensive of the 18 addresses on Marsh Lane, Cockerham, Lancaster, LA2.
Against the LA2 postcode district average, it is £83k more expensive than the typical property.
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Schools Nearby
- 300mCockerham Parochial CofE Primary School
- 2.5kmForton Primary School
- 3.8kmEllel St John the Evangelist Church of England Primary School
- 8.5kmRipley St Thomas Church of England Academy
- 8.8kmGarstang Community Academy
- 9.3kmLancaster Girls' Grammar School
More reading links
Public Transport Nearby
Lancaster station is the nearest stop to 1 The Old Smithy, Lancaster at 9.5 kilometres away.
- 9.5kmLancaster
- 10.0kmHeysham Port
- 12.4kmMorecambe
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
