However, while the average house price in England, according to the latest statistics available, the UK House Price Index for November 2020, is £266,742, properties in Lancaster had an average selling price of £182,500 over 2020.
The average price in Lancaster in November was £165,575, a 2.7 per cent increase on November 2019, when the average price was £161,298.
Property website Rightmove said the majority of sales in Lancaster during the last year were terrace properties, selling for an average price of £141,162. Semi-detached properties sold for an average of £198,932, with detached properties fetching £316,371.
Overall, sold prices in Lancaster over the last year were 34 per cent up on the previous year and 2 per cent up on the 2010 peak of £179,240.
Here are 12 of the most expensive residences sold in the city last year, based on the most recent data from Rightmove and the Land Registry.
1. Bowerham Road, Lancaster
A new, semi-detached property at 377 Bowerham Road, Lancaster, was the most expensive property sold in Lancaster in 2020, going for £1,999,950 in May, according to Rightmove. Photo: Google Maps
2. Park Meadow, Aldcliffe
2 Park Meadow, part of a new estate just outside Lancaster, sold for £825,000 in August 2020. Photo: Google Maps
3. Oaklands Court, Aldcliffe
6 Oaklands Court, Aldcliffe, a five-bedroom, detached house, sold for £635,000 in October 2020. Photo: Google Maps
4. Westbourne Road, Lancaster
Woodmuir, a five-bedroom detached home on Westbourne Road, Lancaster, sold for £570,000 in June 2020. Photo: Google Maps