113, REDRUTH DRIVE, CARNFORTH, LA5 9TT - £227,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

113 REDRUTH DRIVE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £227,000 in December 2023, which was around 35% below the average December 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

113 REDRUTH DRIVE Sold Prices

Land registry data shows three sales for 113 REDRUTH 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 113 REDRUTH 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
2023 19 DEC	£227,000	£348,666	35% below HPI
2011 28 JUN	£145,000	£208,575	30% below HPI
2003 29 AUG	£96,500	£156,318	38% below HPI

113 REDRUTH 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 113 REDRUTH DRIVE sales between August 2003 and December 2023 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 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 113 REDRUTH DRIVE?

113 REDRUTH DRIVE is 76m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 113 REDRUTH DRIVE lies on this distribution: 13% of detached houses are smaller than 113 REDRUTH DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

113 REDRUTH DRIVE: Plot and Title Map

113 REDRUTH DRIVE sits on a plot of roughly 0.055 of an acre, or 225m². The below map shows the location of 113 REDRUTH 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 113 REDRUTH 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 113 REDRUTH DRIVE?

113 REDRUTH DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 113 on REDRUTH DRIVE.