Our Data Sources
42, Banks Way, Lancaster has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated June 2015.
We combine this information with that 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 42, Banks Way, Lancaster would be worth £170,543, with a potential rental value of £1,056 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £151,052, with a rental value of £935 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
42, Banks Way, Lancaster occupies a 212 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 10th largest.
Energy Efficiency
42, Banks Way, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 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
42, Banks Way, Lancaster last changed hands on 7th September 2016, selling for £130,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 81.6% since September 2016.
- Sold Sep 2016£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.2 kilometres of 42, Banks Way, Lancaster across the last 2 years.
Most recently, 26, Banks Way, Lancaster, LA2 7JH, a freehold house, sold at £178,000 on the 27th February 2024.
Read more about house prices in LA2.
- Sold Feb 2024£178,000 | 3 Bed House26, Banks Way, Lancaster, LA2 7JH26, Banks Way, Lancaster, LA2 7JH
- Sold Apr 2023£143,000 | 3 Bed House39, Banks Way, Lancaster, LA2 7JH39, Banks Way, Lancaster, LA2 7JH
- Sold Dec 2018£138,000 | 3 Bed House41, Banks Way, Lancaster, LA2 7JH41, Banks Way, Lancaster, LA2 7JH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 42, Banks Way, Lancaster as the 21st largest and the 21st most expensive of the 42 addresses on Banks Way, Bentham, Lancaster, LA2.
Against the LA2 postcode district average, it is £158k 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
- 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.
