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According to the public record, 7, Parsons Close, Lancaster is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,264 ft2 of internal area and sits on a 361 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Parsons Close, Lancaster is £458,920 and the estimated rental value is £1,516 per month.
Parsons Close, Lancaster, LA1 is located in the borough of Lancaster within the LA1 postal district.
7, Parsons Close, Lancaster has 21 entries in the Land Registry , most recently in November 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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, Parsons Close, Lancaster is in very good condition we estimate a sale value of £481,865 and a rental value of £1,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,795 and a rental value of £1,410 per month.
Over the last 12 months the sale value of 7 Parsons Close Lancaster has increased by an estimated £1,398 (0.3%) and its rental value has increased by an estimated £55 per month (3.6%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 7, Parsons Close, Lancaster sits on a plot of 361m2.
We have plot size data on 5 out of 5 other houses in the postcode and 7, Parsons Close, Lancaster sits on the 4th largest plot.
According to HM Land Registry, 7, Parsons Close, Lancaster was last sold on 19th November 2010 for £357,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2010, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Parsons Close, Lancaster within a radius of 810 metres over the last 2 years.
The most recent example is 6, Meadow Lane, Lancaster, LA1 5WJ, a freehold house which sold for £430,000 on the 23rd May 2025.
Read more about house prices in LA1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsons Close, Lancaster, LA1 has a total of 5 addresses. According to our analysis of all the public data, 7, Parsons Close, Lancaster is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £246k more expensive than the average property in LA1.
The closest station to 7, Parsons Close, Lancaster is Lancaster station which is 2.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Parsons Close, Lancaster, 44.6% of property is privately owned outright and 36.5% 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, Parsons Close, Lancaster, 23.9% of residents are recorded as possessing school level qualifications and 53.9% 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, Parsons Close, Lancaster, the average age was 39.7 and the most common age was 22.
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, Parsons Close, Lancaster, 0.4% 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, Parsons Close, Lancaster, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.