10, COVE DRIVE, SILVERDALE, CARNFORTH, LA5 0SD - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 COVE DRIVE is a small extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £333,272. It was last sold for £235,000 in June 2016, which was about the average June 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2015, where the current energy rating was F, and the potential energy rating was C.

10 COVE DRIVE Sold Prices

Land registry data shows two sales for 10 COVE 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. One of the two 10 COVE DRIVE sales was roughly equal to the average price, whilst the other was for above 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
2016 10 JUN	£235,000	£235,532	Close to HPI
2016 29 JAN	£238,100	£232,534	2% above HPI

10 COVE 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 10 COVE DRIVE sales from January 2016 and June 2016 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 January 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 10 COVE DRIVE be worth now?

10 COVE DRIVE might now be worth an estimated £333,272.

This is based on house price inflation of 41.8%, between June 2016 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.8% inflationary increase is applied to the most recent sale price for 10 COVE DRIVE of £235,000 on 10th June 2016. For the value to have increased from £235,000 to £333,272 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 10 COVE DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2016 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 10 COVE DRIVE has not materially changed since June 2016.

How Large is 10 COVE DRIVE?

10 COVE DRIVE is 107m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses houses in Silverdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silverdale, and where 10 COVE DRIVE lies on this distribution: 28% of detached houses houses are smaller than 10 COVE DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

10 COVE DRIVE: Plot and Title Map

10 COVE DRIVE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 10 COVE 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 10 COVE 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 10 COVE DRIVE?

10 COVE DRIVE is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 10 on COVE DRIVE.