Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
The public record describes 8, Home Farm Close, Lancaster as a modern house with 936 ft2 of internal area, sitting on a 453 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Home Farm Close, Lancaster has an estimated sale value of £369,575 and an estimated rental value of £1,288 per month, assuming reasonable condition and based on the information available.
Home Farm Close, Wray, Lancaster, LA2 lies in the borough of Lancaster, within the LA2 postal district.
8, Home Farm Close, Lancaster has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data 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.
In very good condition, we estimate 8, Home Farm Close, Lancaster would be worth £388,054, with a potential rental value of £1,352 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £343,705, with a rental value of £1,198 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Home Farm Close, Lancaster has climbed by £1,319 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £40 (3.1%). The property's estimated gross yield is currently 4.2%.
8, Home Farm Close, Lancaster occupies a 453 m2 plot as recorded by HM Land Registry.
All 14 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
8, Home Farm Close, Lancaster has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
8, Home Farm Close, Lancaster last changed hands on 18th October 1999, selling for £115,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.2 kilometres of 8, Home Farm Close, Lancaster across the last 2 years.
Most recently, 7, Home Farm Close, Lancaster, LA2 8RG, a freehold house, sold at £339,500 on the 12th October 2023.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Home Farm Close, Lancaster as the 13th largest and the 12th most expensive of the 14 addresses on Home Farm Close, Wray, Lancaster, LA2.
Against the LA2 postcode district average, it is £49k more expensive than the typical property.
Wennington station is the nearest stop to 8, Home Farm Close, Lancaster at 2.6 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Home Farm Close, Lancaster, 63.3% of property is privately owned outright and 26.7% 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 8, Home Farm Close, Lancaster, 14.0% of residents are recorded as possessing school level qualifications and 50.9% 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 8, Home Farm Close, 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 8, Home Farm Close, Lancaster, 0.5% 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 8, Home Farm Close, 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.
