4, Mill Lane Mews
4, Mill Lane Mews
Description & Estimates
According to the public record, 4, Mill Lane Mews, Lancaster is a modern leasehold house with 1,883 ft2 of internal area and sits on a 576 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 4, Mill Lane Mews, Lancaster is £469,529 and the estimated rental value is £1,410 per month.
Mill Lane Mews, Halton, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
Our Data Sources
4, Mill Lane Mews, Lancaster has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated March 2016.
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.
Price Range & Condition
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 4, Mill Lane Mews, Lancaster is in very good condition we estimate a sale value of £493,006 and a rental value of £1,480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,662 and a rental value of £1,311 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Mill Lane Mews, Lancaster has decreased by £2,354 (0.5%), while its estimated rental value has grown by £42 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 3.6%.
Plot Size
According to data from HM Land Registry, 4, Mill Lane Mews, Lancaster sits on a plot of 576 m2.
We have plot size data on 2 out of 4 other houses in the postcode and 4, Mill Lane Mews, Lancaster sits on the largest plot.
Energy Efficiency
4, Mill Lane Mews, Lancaster has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Mar 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4, Mill Lane Mews, Lancaster was last sold on 24th March 2016 for £332,495 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen by 38.2%.
- Sold Mar 2016£332,495
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Mill Lane Mews, Lancaster within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 68, Foundry Close, Lancaster, LA2 6FE, a freehold house which sold for £515,000 on the 15th December 2023.
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
Mill Lane Mews, Halton, Lancaster, LA2 has a total of 4 addresses. According to our analysis of all the public data, 4, Mill Lane Mews, Lancaster is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £149k more expensive than the average property in LA2.
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Schools Nearby
- 400mSt Wilfrid's Cof E Primary School
- 2.8kmCaton Primary School
- 3.1kmCastle View Primary Academy
- 2.9kmLancaster High School
- 3.7kmOur Lady's Catholic College
- 3.8kmLancaster Royal Grammar School
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Public Transport Nearby
The closest station to 4, Mill Lane Mews, Lancaster is Lancaster station, which is 4.4 kilometres away.
- 4.4kmLancaster
- 5.0kmBare Lane
- 6.0kmCarnforth
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
