38, Watery Lane
38, Watery Lane
Description & Estimates
Public records show 38, Watery Lane, Lancaster to be a mid-century freehold house with 957 ft2 of internal area, sitting on a 357 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
38, Watery Lane, Lancaster has an estimated sale value of £236,706 and an estimated rental value of £944 per month, assuming reasonable condition and based on the information available.
Watery Lane, Lancaster, LA1 lies in the borough of Lancaster, within the LA1 postal district.
Our Data Sources
38, Watery Lane, Lancaster has 31 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 38, Watery Lane, Lancaster would be worth £248,541, with a potential rental value of £992 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £220,137, with a rental value of £878 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 38, Watery Lane, Lancaster has dropped by £546 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £33 (3.5%). The property's estimated gross yield is currently 4.8%.
Plot Size
38, Watery Lane, Lancaster occupies a 357 m2 plot as recorded by HM Land Registry.
Of the 42 other houses in this postcode, 35 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
38, Watery Lane, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Watery Lane, Lancaster last changed hands on 12th December 2024, selling for £245,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 8.8% since December 2024.
- Sold Dec 2024£245,000
- Sold Aug 2006£147,500
- Sold May 2002£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 38, Watery Lane, Lancaster across the last 2 years.
Most recently, 2, Ainsdale Close, Lancaster, LA1 2SF, a freehold house, sold at £205,000 on the 19th September 2025.
Read more about house prices in LA1.
•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 38, Watery Lane, Lancaster as the 30th largest and the 7th most expensive of the 89 addresses on Watery Lane, Lancaster, LA1.
Against the LA1 postcode district average, it is £8k less expensive than the typical property.
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Schools Nearby
- 200mLancaster Ryelands Primary School
- 900mSkerton St Luke's Church of England Primary School
- 1.0kmMorecambe and Heysham Grosvenor Park Primary School
- 1.1kmOur Lady's Catholic College
- 1.9kmLancaster Girls' Grammar School
- 2.2kmLancaster High School
More reading links
Public Transport Nearby
Lancaster station is the nearest stop to 38, Watery Lane, Lancaster at 1.5 kilometres away.
- 1.5kmLancaster
- 2.0kmBare Lane
- 3.7kmMorecambe
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
