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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
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Barn Owl, Lancaster is recorded publicly as a modern freehold house across 1,679 ft2 of internal area, sitting on a 495 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Barn Owl, Lancaster is £542,765 and its rental estimate is £1,430 per month, given the available information and assuming reasonable condition.
Garstang Road, Cockerham, Lancaster, LA2 falls within the LA2 postal district, in the borough of Lancaster.
Barn Owl, Lancaster has 3 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated October 2020.
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.
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 Barn Owl, Lancaster, we estimate a market value of £569,903 and a rental value of £1,501 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £504,771 and £1,330 per month respectively.
Over the last year, Barn Owl, Lancaster has seen its estimated sale value fall by £2,721 (0.5%) and its estimated rental value move up by £42 per month (2.9%). This results in an estimated gross rental yield of 3.2%.
HM Land Registry records the plot of land for Barn Owl, Lancaster as measuring 495 m2.
That makes it the 8th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Barn Owl, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
The most recent sale of Barn Owl, Lancaster completed on 14th January 2021 at £475,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 19.1% over the period since January 2021.
Over the past 2 years 3 properties similar to Barn Owl, Lancaster have sold within a radius of 4.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2020, was The Hamblings, Garstang Road, Lancaster, LA2 0HA, a freehold house which sold for £425,000.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 22 addresses on Garstang Road, Cockerham, Lancaster, LA2, Barn Owl, Lancaster comes out as the 10th largest and the 6th most expensive in our analysis of the public data.
It is also £222k more expensive than the average property across the LA2 district.
From Barn Owl, Lancaster, the nearest station is Lancaster, 10.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Barn Owl, 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 Barn Owl, 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 Barn Owl, 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 Barn Owl, 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 Barn Owl, 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.
