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According to the public record, Gin Ring Barn, Burrow Heights Farm, Lancaster is a modern freehold house with 2,421 ft2 of internal area and sits on a 680 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Gin Ring Barn, Burrow Heights Farm, Lancaster is £680,079 and the estimated rental value is £2,149 per month.
Burrow Heights Lane, Lancaster, LA2 is located in the borough of Lancaster within the LA2 postal district.
Gin Ring Barn, Burrow Heights Farm, Lancaster has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated May 2017.
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 Gin Ring Barn, Burrow Heights Farm, Lancaster is in very good condition we estimate a sale value of £714,083 and a rental value of £2,257 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £632,473 and a rental value of £1,999 per month.
Over the last 12 months the sale value of Gin Ring Barn Burrow Heights Farm Lancaster has decreased by an estimated £6,647 (1.0%) and its rental value has increased by an estimated £50 per month (2.3%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, Gin Ring Barn, Burrow Heights Farm, Lancaster sits on a plot of 680m2.
We have plot size data on 12 out of 19 other houses in the postcode and Gin Ring Barn, Burrow Heights Farm, Lancaster sits on the 7th largest plot.
Gin Ring Barn, Burrow Heights Farm, Lancaster has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, Gin Ring Barn, Burrow Heights Farm, Lancaster was last sold on 10th November 2022 for £640,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Gin Ring Barn, Burrow Heights Farm, Lancaster within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 9, Burrow Heights Lane, Lancaster, LA2 0PG, a freehold house which sold for £825,000 on the 18th July 2022.
Read more about house prices in LA2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burrow Heights Lane, Lancaster, LA2 has a total of 19 addresses. According to our analysis of all the public data, Gin Ring Barn, Burrow Heights Farm, Lancaster is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £360k more expensive than the average property in LA2.
The closest station to Gin Ring Barn, Burrow Heights Farm, Lancaster is Lancaster station which is 4.0 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 Gin Ring Barn, Burrow Heights Farm, Lancaster, 51.6% of property is privately owned outright and 33.6% 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 Gin Ring Barn, Burrow Heights Farm, Lancaster, 18.4% of residents are recorded as possessing school level qualifications and 45.4% 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 Gin Ring Barn, Burrow Heights Farm, 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 Gin Ring Barn, Burrow Heights Farm, Lancaster, 0.3% 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 Gin Ring Barn, Burrow Heights Farm, Lancaster, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
