10, PARKGATE DRIVE, LANCASTER, LA1 3FE - £249,950

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 PARKGATE DRIVE is a small detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £375,446. It was last sold for £249,950 in December 2014, which was around 12% above the average December 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

10 PARKGATE DRIVE Sold Prices

Land registry data shows three sales for 10 PARKGATE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 10 PARKGATE DRIVE sales were 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
2014 15 DEC	£249,950	£222,375	12% above HPI
2004 8 NOV	£215,000	£201,347	7% above HPI
1999 30 JUN	£100,000	£83,303	20% above HPI

10 PARKGATE 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 three 10 PARKGATE DRIVE sales between June 1999 and December 2014 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 November 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2014 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 10 PARKGATE DRIVE be worth now?

10 PARKGATE DRIVE might now be worth an estimated £375,446.

This is based on house price inflation of 50.2%, between December 2014 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 50.2% inflationary increase is applied to the most recent sale price for 10 PARKGATE DRIVE of £249,950 on 15th December 2014. For the value to have increased from £249,950 to £375,446 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 10 PARKGATE DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2014 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 10 PARKGATE DRIVE has not materially changed since December 2014.

How Large is 10 PARKGATE DRIVE?

10 PARKGATE DRIVE is 107m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where 10 PARKGATE DRIVE lies on this distribution: 31% of detached houses houses are smaller than 10 PARKGATE DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

10 PARKGATE DRIVE: Plot and Title Map

10 PARKGATE DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 10 PARKGATE 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 PARKGATE 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 PARKGATE DRIVE?

10 PARKGATE DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 10 on PARKGATE DRIVE.