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.
5. Borrowdale Road, Lancaster
34 Borrowdale Road, Lancaster,a four-bedroom, detached house, sold for £525,000 in August 2020. Photo: Google Maps
6. Cromwell Road, Lancaster
Home Lea, Cromwell Road, Lancaster, a five-bedroom, semi-detached property, sold for £445,000 in August 2020. Photo: Google Maps
7. Scotforth Road, Lancaster
Four newly built, detached homes on Scotforth Road were sold in 2020. Number 209 went for £430,000 in August, while number 201 was sold for £425,000 in January. Numbers 211 and 207 both sold for £375,000, 211 in March and 207 in June. Photo: Google Maps
8. Guidem Park, Lancaster
1 Guidem Park, Lancaster, sold for £399,950 in January 2020. Photo: Google Maps