1, THE DRIVE, HEYSHAM, MORECAMBE, LA3 2JS - £190,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 THE DRIVE is a small detached house of 85m², built sometime between 1930 and 1949. It was last sold for £190,000 in July 2017, which was around 23% below the average July 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

1 THE DRIVE Sold Prices

Land registry data shows two sales for 1 THE 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 THE 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
2017 24 JUL	£190,000	£246,561	23% below HPI
2013 4 OCT	£140,000	£226,274	38% below HPI

1 THE 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 THE DRIVE sales from October 2013 and July 2017 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 October 2013 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 THE DRIVE?

1 THE DRIVE is 85m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% 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 THE DRIVE lies on this distribution: 26% of detached houses are smaller than 1 THE DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Heysham.

1 THE DRIVE: Plot and Title Map

1 THE DRIVE sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 1 THE 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 THE 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 THE DRIVE?

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