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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 7, Lane Head, Lancaster is a modern freehold house with 710 ft2 of internal area and sits on a 175 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Lane Head, Lancaster is £254,000 and the estimated rental value is £1,126 per month.
Lane Head, Wray, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
7, Lane Head, Lancaster has a single entry in the Land Registry from June 2009 and a single entry in the EPC database dated March 2019.
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.
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 7, Lane Head, Lancaster is in very good condition we estimate a sale value of £266,700 and a rental value of £1,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,220 and a rental value of £1,048 per month.
Over the last 12 months the sale value of 7 Lane Head Lancaster has increased by an estimated £1,044 (0.4%) and its rental value has increased by an estimated £38 per month (3.3%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 7, Lane Head, Lancaster sits on a plot of 175m2.
We have plot size data on 8 out of 9 other houses in the postcode and 7, Lane Head, Lancaster sits on the 7th largest plot.
7, Lane Head, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Lane Head, Lancaster was last sold on 22nd June 2009 for £174,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2009, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lane Head, Lancaster within a radius of 6.4 kilometres over the last 2 years.
The most recent example is 4, Lane Head, Lancaster, LA2 8RF, a freehold house which sold for £235,000 on the 22nd August 2024.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lane Head, Wray, Lancaster, LA2 has a total of 9 addresses. According to our analysis of all the public data, 7, Lane Head, Lancaster is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in LA2.
The closest station to 7, Lane Head, Lancaster is Wennington station which is 2.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Lane Head, Lancaster, 52.2% of property is privately owned outright and 23.9% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Lane Head, Lancaster, 19.3% of residents are recorded as possessing school level qualifications and 43.5% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Lane Head, Lancaster, the average age was 48.5 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Lane Head, Lancaster, 0.7% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Lane Head, Lancaster, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
