40, Banks Way
40, Banks Way
Description & Estimates
The public record describes 40, Banks Way, Lancaster as a mid-century house with 796 ft2 of internal area, sitting on a 204 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Banks Way, Lancaster has an estimated sale value of £164,663 and an estimated rental value of £1,012 per month, assuming reasonable condition and based on the information available.
Banks Way, Bentham, Lancaster, LA2 lies within the LA2 postal district.
Our Data Sources
40, Banks Way, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Banks Way, Lancaster would be worth £172,896, with a potential rental value of £1,062 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £153,137, with a rental value of £941 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 40, Banks Way, Lancaster has climbed by £588 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £32 (3.1%). The property's estimated gross yield is currently 7.4%.
Plot Size
40, Banks Way, Lancaster occupies a 204 m2 plot as recorded by HM Land Registry.
Of the 32 other houses in this postcode, 16 have recorded plot sizes, and this one ranks as the 11th largest.
Energy Efficiency
40, Banks Way, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Banks Way, Lancaster last changed hands on 13th June 2006, selling for £112,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jun 2006£112,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.2 kilometres of 40, Banks Way, Lancaster across the last 2 years.
Most recently, 16, Banks Way, Lancaster, LA2 7JH, a freehold house, sold at £175,000 on the 15th August 2025.
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
Our analysis of the public data ranks 40, Banks Way, Lancaster as the 20th largest and the 20th most expensive of the 42 addresses on Banks Way, Bentham, Lancaster, LA2.
Against the LA2 postcode district average, it is £156k less expensive than the typical property.
More reading links
Schools Nearby
- 600mBentham Community Primary School
- 4.1kmIngleton Primary School
- 4.8kmTatham Fells Church of England Voluntary Controlled Primary School
- 10.9kmQueen Elizabeth School
- 10.9kmQueen Elizabeth Studio School
- 15.7kmSettle College
More reading links
Public Transport Nearby
Bentham station is the nearest stop to 40, Banks Way, Lancaster at 500 metres away.
- 500mBentham
- 5.0kmWennington
- 6.8kmClapham (North Yorkshire)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
