Housing Market Analysis for MILL LANE, LA5 8EU

Are you looking to understand LA5 8EU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Lancaster postcode.

For the location information and nearby amenities in the LA5 8EU area, explore the LA5 8EU Area information page.
For comprehensive crime statistics in the LA5 8EU area, explore the LA5 8EU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LA5 8EU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £127,945 median price is £143,250 Standard Deviation is £52,720 with Total Sold: 20
    • The Last 5 Year average price is £170,400 with Total Sold: 5
    • The most recent sale happened at this postcode is 40 MILL LANE: £173,000 (Sold on 11 Dec 2020)
    • The first recorded sale happened at this postcode is 49 MILL LANE: £48,500 (Sold on 09 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LA5 8EU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£167,333 £2,586 3
2019£175,000 £2,795 2
2018£180,000 £2,812 1
2015£146,500 £1,953 1
2012£205,000 £3,010 1
2008£140,000 £2,056 1
2006£184,000 £2,875 1
2004£170,000 £2,464 1
2003£139,950 £2,499 1
2002£98,000 £1,420 1
2001£90,0002
1999£54,9501
1998£60,000 £881 1
1997£50,000 £729 2
1995£48,500 £758 1

All the Sales in the MILL LANE, LA5 8EU

See the table below for more details on the sold house prices in the LA5 8EU, Lancaster postcode.

AddressSold DatePrice% Change
40 MILL LANEDetached, FreeholdArea: 56 Sq.mtrAge: 1950-196611 Dec 2020£173,000-1.14%
16 Oct 2019£175,00025.04%
30 Sep 2003£139,950First Sale
53 MILL LANEDetached, FreeholdArea: 72 Sq.mtrAge: 1967-197523 Oct 2020£165,000First Sale
42 MILL LANEDetached, FreeholdArea: 69 Sq.mtrAge: 1967-197506 Jan 2020£164,000-3.53%
05 Aug 2004£170,00073.47%
12 Sep 2002£98,00078.18%
19 May 1997£55,000First Sale
45 MILL LANEDetached, FreeholdArea: 71 Sq.mtrAge: 1967-197505 Dec 2019£175,000First Sale
49 MILL LANEDetached, FreeholdArea: 64 Sq.mtrAge: 1950-196616 Feb 2018£180,000-2.17%
22 Sep 2006£184,000279.38%
09 Jun 1995£48,500First Sale
51 MILL LANEDetached, FreeholdArea: 75 Sq.mtrAge: 1950-196602 Mar 2015£146,500First Sale
44 MILL LANEDetached, FreeholdArea: 68.1 Sq.mtrAge: 1950-196626 Jun 2012£205,00046.43%
12 Dec 2008£140,000133.33%
26 Jun 1998£60,00033.33%
10 Jan 1997£45,000First Sale
38 MILL LANEDetached, Freehold06 Aug 2001£86,00056.51%
23 Aug 1999£54,950First Sale
55 MILL LANEDetached, Freehold15 May 2001£94,000First Sale

Check out the sold house prices near the LA5 8EU postcode. Properties currently for saleProperties currently for rent

MILL LANE, LA5 8EU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LA5 8EU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LA5 8EU postcode.

  • Detached
    • The average price is around £185,078 median price is £175,000 Standard Deviation is £90,848 with Total Sold: 431
    • The Last 5 Year average price is £261,979 with Total Sold: 76
    • The most recent sale happened at this postcode is , 10 CROFTLAND GARDENS: £355,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 13 MONKSWELL DRIVE: £48,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £130,816 median price is £140,000 Standard Deviation is £64,551 with Total Sold: 639
    • The Last 5 Year average price is £202,479 with Total Sold: 115
    • The most recent sale happened at this postcode is , 2 SUNNYBANK ROAD: £269,950 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 33 WORDSWORTH AVENUE: £56,500 (Sold on 10 Mar 1995)
  • Terraced
    • The average price is around £114,637 median price is £118,000 Standard Deviation is £67,077 with Total Sold: 98
    • The Last 5 Year average price is £165,275 with Total Sold: 20
    • The most recent sale happened at this postcode is , 13 WHIN GROVE: £190,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 8 BROOKFIELD CLOSE: £44,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £425,898 median price is £295,000 Standard Deviation is £367,227 with Total Sold: 10
    • The Last 5 Year average price is £394,140 with Total Sold: 7
    • The most recent sale happened at this postcode is , 15 WHIN GROVE: £210,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , CLAREMONT MILL LANE: £300,000 (Sold on 31 May 2017)
  • Flat
    • The average price is around £74,885 median price is £56,000 Standard Deviation is £37,484 with Total Sold: 20
    • The Last 5 Year average price is £64,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 6 OLD STATION LANE: £64,000 (Sold on 01 Aug 2023)
    • The first recorded sale happened at this postcode is , 11 CANAL GARDENS: £39,000 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,0001
2023£281,000 £3,727 5
2022£288,493 £3,612 15
2021£248,472 £2,672 20
2020£265,352 £2,665 28
2019£203,386 £2,674 7
2018£231,981 £2,522 13
2017£258,469 £2,267 16
2016£240,625 £2,427 12
2015£196,370 £2,492 15
2014£225,529 £2,404 17
2013£204,188 £2,224 8
2012£217,833 £2,398 9
2011£197,818 £2,191 11
2010£219,036 £2,691 14
2009£198,814 £2,149 11
2008£183,586 £2,031 11
2007£199,938 £2,220 17
2006£213,153 £2,280 16
2005£183,708 £1,828 12
2004£193,229 £1,868 17
2003£199,432 £2,022 31
2002£115,445 £1,030 20
2001£121,292 £1,102 17
2000£91,966 £1,007 16
1999£94,811 £956 17
1998£70,056 £839 9
1997£75,779 £814 15
1996£70,850 £918 21
1995£80,675 £753 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£232,921 £2,267 7
2023£188,429 £2,623 7
2022£233,288 £2,867 20
2021£211,981 £2,486 31
2020£181,385 £2,299 31
2019£182,921 £2,121 19
2018£191,658 £2,068 19
2017£162,524 £1,974 21
2016£174,083 £2,037 23
2015£169,491 £2,205 17
2014£173,389 £2,241 18
2013£146,406 £1,827 16
2012£137,461 £1,914 13
2011£165,750 £1,921 17
2010£162,109 £2,302 16
2009£148,077 £1,736 13
2008£168,162 £2,131 12
2007£161,917 £1,755 23
2006£156,064 £2,059 22
2005£148,309 £1,618 17
2004£148,043 £1,890 22
2003£110,945 £1,258 28
2002£78,173 £965 27
2001£68,947 £770 36
2000£64,691 £800 37
1999£60,224 £730 21
1998£54,037 £655 36
1997£56,586 £726 27
1996£45,684 £516 28
1995£47,760 £665 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,0001
2023£180,667 £2,343 3
2022£296,000 £2,646 2
2021£167,400 £2,422 5
2020£134,750 £1,788 6
2019£112,000 £1,745 3
2018£135,500 £2,603 2
2017£131,859 £2,037 6
2016£137,0001
2015£215,000 £2,176 2
2014£111,200 £1,481 5
2013£162,983 £1,991 3
2012£176,500 £2,007 2
2011£180,375 £2,014 4
2010£160,000 £2,520 2
2009£100,000 £1,333 1
2008£152,975 £2,204 2
2007£108,000 £1,710 4
2006£116,386 £1,854 7
2005£127,000 £2,171 2
2004£150,000 £1,579 1
2003£117,500 £1,744 2
2002£60,673 £874 11
2001£46,625 £638 4
1999£55,250 £897 3
1998£53,0001
1997£39,5003
1996£36,938 £589 8
1995£41,000 £556 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,0002
2023£1,155,0001
2022£290,000 £2,627 1
2021£507,490 £2,453 2
2019£29,0001
2017£500,000 £3,193 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£64,000 £1,000 1
2017£117,000 £2,250 1
2016£130,500 £2,559 1
2014£112,000 £2,534 1
2011£105,000 £1,973 1
2010£125,000 £2,828 1
2006£130,000 £2,549 1
2004£107,975 £2,074 2
2002£29,500 £415 1
2000£45,000 £849 1
1999£73,250 £902 2
1996£39,417 £805 3
1995£39,750 £758 4

House Type in LA5 8EU area

The most common house types in the LA5 8EU postcode area are Semi-detached (58), Detached (56), and commercial building (3).

Total119
Semi-detached58
Detached56
commercial building3
Terraced2
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright77
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency6
Social rented: Other social rented2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LA5 8EU have 2 people in household (58), and 1 person in household (37).

2 people in household58
1 person in household37
3 people in household14
4 people in household10
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0