Quernmore Park Hall, Quernmore Park, Lancaster, Lancashire, LA2 9HN

Detached
20430 sq ft
53.7%
PROPERTY VALUATION
£
Last sold: June 2014
VALUATION RANGE
£2.6M - £2.78M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£939,000
Percentage change: +53.7%

Adding a new kitchen could add £202k to the sale price.

This valuation does not take into account any home improvements or extensions made to the property.

UPDATE VALUATION

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

Quernmore Park Hall, Quernmore Park is a detached house spread over 20,430 square feet - it is ranked as the most expensive property* in LA2 9HN, with a valuation of £2,689,000.

Since it last sold in June 2014 for £1,750,000, its value has increased by £939,000.

At a sale price of £2.69M, we expect this property to be in poor condition (or is significantly less desirable for some other reason) based on its price per square foot.

13 detached houses have sold at an average price of £454,000 in LA2 9 over the last 12 months.

Get an updated valuation by simply telling us about any renovations made.

54%
This property has increased in price by 54% since it last sold 9 years ago
0%
This property is 0% more expensive than average in , LA2 9HN

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £2.6M and £2.78M.

  • This property only has one recorded sale so it doesn't have a historic investment return or rating yet.

Sale history

The most paid for a property in , LA2 9HN was £1,750,000 in 2014.

Date Price Change
Today's value* £2,689,000 £939k 53.7%
09 Jun 2014 £1,750,000 -
Recent sales in the surrounding roads
Searching for recent sales near here
  • At a sale price of £2.69M, we expect this property to be in a significantly worse condition than the neighbouring properties in the road.
  • This property has a lower cost per square foot than other properties in the road, which is why we think it is more likely to be in worse condition.

    However, a lower CPSF can also be caused by a low quality extension (or conservatory), a smaller garden, a lack of parking or if the property was previously sold through a partial ownership scheme etc.

  • At a valuation of £2.69M this property has a cost per square foot of £131 - this is substantially less than the average for the area (which is currently £353).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for the whole road - it would be worth £7.21M.

The local market - Quernmore Park, LA2 9HN

  • No properties have sold in LA2 9HN over the last 5 years.
  • Quernmore Road has 6 postcodes associated with it.
    • The average price of property in Quernmore Road is £886,909.
    • Property in Quernmore Road typically sells for between £300 and £406 per square foot.
    • Properties in Quernmore Road are currently valued at an average cost per square foot of £353.
Quernmore Park Hall, Lancaster is a detached house with 20,430 square feet of internal space.
OFFERS EXPECTED TO BE IN THE REGION OF:
£2.6M - £2.78M

Most likely sale price: £2.69M

How does this property compare to others in , LA2 9HN?
0% MORE

Valuation details

The most likely sale price is £2,689,000 but at the lower end we think it should fetch a minimum of £2,595,000.

This property has increased in price by £939,000 since it last sold in 2014 - this equates to a 4.4% rise each year.

On a cost per square foot basis, this property is valued at 63% less than the other houses in this road.

Essential info

  • Freehold detached house
  • 20,430 square feet
  • 0% less expensive than the average here

This property is currently valued at £131 per square foot - the average cost per square foot for this postcode is £0.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (find out more here).

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £3,092,000.

PropertyValuation
Quernmore Park Hall, Quernmore Park
20430 sq.ft.
£2,689,000

Energy rating - how does this property compare?

  • Property energy rating: 44 (max. score 100).

The property market across LA2 9

  • The average price paid for a detached house in the area LA2 9 over the past year is £454k.
  • Detached houses have been selling for £306 per square foot across LA2 9.
  • 13 detached houses have sold over the last 12 months (in the area coverring LA2 9).
What does it cost to live in this area?

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 29/02/2024 - this was released on the 28/03/2024.