5 Town Head Lane, Lancaster
5 Town Head Lane, Lancaster
Description & Estimates
5 Town Head Lane, Lancaster is recorded publicly as a period freehold house across 947 ft2 of internal area, sitting on a 386 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5 Town Head Lane, Lancaster is £445,556 and its rental estimate is £1,546 per month, given the available information and assuming reasonable condition.
Town Head, Austwick, Lancaster, LA2 falls within the LA2 postal district.
Our Data Sources
5 Town Head Lane, Lancaster has 41 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated December 2021.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5 Town Head Lane, Lancaster, we estimate a market value of £467,833 and a rental value of £1,624 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £414,367 and £1,438 per month respectively.
Recent Market Change
Over the last year, 5 Town Head Lane, Lancaster has seen its estimated sale value grow by £1,590 (0.4%) and its estimated rental value climb by £49 per month (3.1%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 5 Town Head Lane, Lancaster as measuring 386 m2.
That makes it the 15th largest plot in the postcode, where 18 of the 22 other houses have recorded plot data.
Energy Efficiency
5 Town Head Lane, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 5 Town Head Lane, Lancaster completed on 25th March 2021 at £278,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 15.7% over the period since March 2021.
- Sold Mar 2021£278,000
- Sold Jun 2009£230,000
- Sold Jan 2003£135,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5 Town Head Lane, Lancaster have sold within a radius of 6.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2023, was 1 Cross Cottage, Lancaster, LA2 8BG, a freehold house which sold for £380,000.
Read more about house prices in LA2.
- Sold Nov 2023£380,000 | 3 Bed House1 Cross Cottage, Lancaster, LA2 8BG1 Cross Cottage, Lancaster, LA2 8BG
- Sold Jan 2023£485,000 | 3 Bed HouseVictoria Lodge, Town Head, Lancaster, LA2 8BSVictoria Lodge, Town Head, Lancaster, LA2 8BS
- Sold Jun 2021£265,000 | 3 Bed House4 Town Head Lane, Town Head, Lancaster, LA2 8BS4 Town Head Lane, Town Head, Lancaster, LA2 8BS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 22 addresses on Town Head, Austwick, Lancaster, LA2, 5 Town Head Lane, Lancaster comes out as the 21st largest and the 14th most expensive in our analysis of the public data.
It is also £125k more expensive than the average property across the LA2 district.
More reading links
Schools Nearby
- 200mAustwick Church of England VA Primary School
- 6.3kmGiggleswick Primary School
- 7.0kmSettle Church of England Voluntary Controlled Primary School
- 6.6kmSettle College
- 18.9kmQueen Elizabeth School
- 18.9kmQueen Elizabeth Studio School
More reading links
Public Transport Nearby
From 5 Town Head Lane, Lancaster, the nearest station is Clapham (North Yorkshire), 3.8 kilometres away.
- 3.8kmClapham (North Yorkshire)
- 5.1kmHorton-in-Ribblesdale
- 6.8kmGiggleswick
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
