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According to the public record, 2, Ripley Street, Lancaster is a period freehold house with 1,119 ft2 of internal area and sits on a 92.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ripley Street, Lancaster is £111,234 and the estimated rental value is £542 per month.
Ripley Street, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
2, Ripley Street, Lancaster has a single entry in the Land Registry from May 2009 and a single entry in the EPC database dated May 2016.
We combine this information with that 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, Ripley Street, Lancaster is in very good condition we estimate a sale value of £116,795 and a rental value of £569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,447 and a rental value of £504 per month.
Over the last 12 months the sale value of 2 Ripley Street Lancaster has decreased by an estimated £257 (0.2%) and its rental value has increased by an estimated £19 per month (3.5%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 2, Ripley Street, Lancaster sits on a plot of 93m2.
2, Ripley Street, Lancaster has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Ripley Street, Lancaster was last sold on 1st May 2009 for £73,051 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 26.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 470 metres radius of 2, Ripley Street, Lancaster over the last 2 years.
The most recent example is 16, Railway Street, Lancaster, LA1 4XA, a freehold house which sold for £190,000 on the 15th December 2022.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ripley Street, Lancaster, LA1 has a total of 1 addresses. According to our analysis of all the public data, 2, Ripley Street, Lancaster is the largest and the most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in LA1.
The closest station to 2, Ripley Street, Lancaster is Lancaster station which is 1.0 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, Ripley Street, Lancaster, 47.4% of property is privately rented and 24.6% is privately owned outright.
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, Ripley Street, Lancaster, 56.2% of residents are recorded as possessing school level qualifications and 42.4% 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, Ripley Street, Lancaster, the average age was 32.3 and the most common age was 22.
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, Ripley Street, Lancaster, 1.2% 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, Ripley Street, Lancaster, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.