1, REDSHANK DRIVE, HEYSHAM, MORECAMBE, LA3 2WF - £197,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 REDSHANK DRIVE is a small detached house of 89m², built sometime between 2003 and 2006. It was last sold for £197,000 in October 2015, which was around 19% below the average October 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

1 REDSHANK DRIVE Sold Prices

Land registry data shows two sales for 1 REDSHANK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 1 REDSHANK DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 2 OCT	£197,000	£242,285	19% below HPI
2005 10 JUN	£200,000	£207,925	4% below HPI

1 REDSHANK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 1 REDSHANK DRIVE sales from June 2005 and October 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 REDSHANK DRIVE?

1 REDSHANK DRIVE is 89m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 1 REDSHANK DRIVE lies on this distribution: 34% of detached houses are smaller than 1 REDSHANK DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Heysham.

1 REDSHANK DRIVE: Plot and Title Map

1 REDSHANK DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 1 REDSHANK DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 REDSHANK DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 REDSHANK DRIVE?

1 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 1 on REDSHANK DRIVE.