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According to the public record, 5A, Marsh Lane, Lancaster is a modern freehold house with 775 ft2 of internal area and sits on a 354 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5A, Marsh Lane, Lancaster is £289,114 and the estimated rental value is £1,206 per month.
Marsh Lane, Cockerham, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
5A, Marsh Lane, Lancaster has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated October 2023.
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.
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 5A, Marsh Lane, Lancaster is in very good condition we estimate a sale value of £303,570 and a rental value of £1,266 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,876 and a rental value of £1,121 per month.
Over the last 12 months the sale value of 5A Marsh Lane Lancaster has increased by an estimated £1,010 (0.3%) and its rental value has increased by an estimated £40 per month (3.4%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 5A, Marsh Lane, Lancaster sits on a plot of 354m2.
We have plot size data on 11 out of 15 other houses in the postcode and 5A, Marsh Lane, Lancaster sits on the 7th largest plot.
5A, Marsh Lane, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
According to HM Land Registry, 5A, Marsh Lane, Lancaster was last sold on 29th September 2017 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2017, the market for similar properties has risen 39.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Marsh Lane, Lancaster within a radius of 4.6 kilometres over the last 2 years.
The most recent example is 2, Village Road, Lancaster, LA2 0BF, a leasehold house which sold for £80,000 on the 9th November 2018.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marsh Lane, Cockerham, Lancaster, LA2 has a total of 18 addresses. According to our analysis of all the public data, 5A, Marsh Lane, Lancaster is the 17th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in LA2.
The closest station to 5A, Marsh Lane, Lancaster is Heysham Port station which is 10.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 5A, Marsh Lane, Lancaster, 39.7% of property is privately owned outright and 33.8% 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 5A, Marsh Lane, Lancaster, 16.2% of residents are recorded as possessing school level qualifications and 39.3% 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 5A, Marsh Lane, Lancaster, the average age was 34.2 and the most common age was 17.
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 5A, Marsh Lane, Lancaster, 0.6% 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 5A, Marsh Lane, Lancaster, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
