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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Blea Tarn Barn, Lancaster is £515,222 and the estimated rental value is £1,585 per month.
Scotforth, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
2 Blea Tarn Barn, Lancaster has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Blea Tarn Barn, Lancaster is in very good condition we estimate a sale value of £540,983 and a rental value of £1,665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,156 and a rental value of £1,474 per month.
Over the last 12 months the sale value of 2 Blea Tarn Barn Lancaster has decreased by an estimated £447 (0.1%) and its rental value has increased by an estimated £46 per month (2.9%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2 Blea Tarn Barn, Lancaster sits on a plot of 749m2.
We have plot size data on 5 out of 9 other houses in the postcode and 2 Blea Tarn Barn, Lancaster sits on the 4th largest plot.
2 Blea Tarn Barn, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, LPG.
According to HM Land Registry, 2 Blea Tarn Barn, Lancaster was last sold on 7th October 2022 for £510,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Blea Tarn Barn, Lancaster within a radius of 1.8 kilometres over the last 2 years.
The most recent example is Blea Tarn Farm, Lancaster, LA2 0RE, a freehold house which sold for £555,000 on the 23rd August 2023.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scotforth, Lancaster, LA2 has a total of 9 addresses. According to our analysis of all the public data, 2 Blea Tarn Barn, Lancaster is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £195k more expensive than the average property in LA2.
The closest station to 2 Blea Tarn Barn, Lancaster is Lancaster station which is 4.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Blea Tarn Barn, Lancaster, 51.6% of property is privately owned outright and 33.6% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Blea Tarn Barn, Lancaster, 18.4% of residents are recorded as possessing school level qualifications and 45.4% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Blea Tarn Barn, Lancaster, the average age was 34.2 and the most common age was 17.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Blea Tarn Barn, Lancaster, 0.3% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Blea Tarn Barn, Lancaster, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.