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According to the public record, 2 Lodge Cottages, Lancaster is a period house with 1,603 ft2 of internal area and sits on a 1,218 m2 plot.
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 Lodge Cottages, Lancaster is £525,191 and the estimated rental value is £1,404 per month.
Thurnham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
2 Lodge Cottages, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2014.
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.
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 Lodge Cottages, Lancaster is in very good condition we estimate a sale value of £551,451 and a rental value of £1,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £488,428 and a rental value of £1,306 per month.
Over the last 12 months the sale value of 2 Lodge Cottages Lancaster has decreased by an estimated £2,633 (0.5%) and its rental value has increased by an estimated £41 per month (2.9%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 2 Lodge Cottages, Lancaster sits on a plot of 1218m2.
We have plot size data on 1 out of 4 other houses in the postcode and 2 Lodge Cottages, Lancaster sits on the largest plot.
2 Lodge Cottages, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2 Lodge Cottages, Lancaster was last sold on 8th August 1996 for £62,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Lodge Cottages, Lancaster within a radius of 3.6 kilometres over the last 2 years.
The most recent example is Hill Crest, Lancaster Road, Lancaster, LA2 0DZ, a freehold house which sold for £500,000 on the 29th October 2024.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thurnham, Lancaster, LA2 has a total of 37 addresses. According to our analysis of all the public data, 2 Lodge Cottages, Lancaster is the 12th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £205k more expensive than the average property in LA2.
The closest station to 2 Lodge Cottages, Lancaster is Lancaster station which is 7.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Lodge Cottages, Lancaster, 49.6% of property is privately owned outright and 35.3% 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 Lodge Cottages, Lancaster, 18.8% of residents are recorded as possessing school level qualifications and 41.4% 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 Lodge Cottages, 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 Lodge Cottages, Lancaster, 2.1% 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 Lodge Cottages, 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.