12, BAY HORSE DRIVE, LANCASTER, LA1 4LA - £270,000

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

12 BAY HORSE DRIVE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £270,000 in July 2021, which was around 7% below the average July 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

12 BAY HORSE DRIVE Sold Prices

Land registry data shows three sales for 12 BAY HORSE 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. One of the three 12 BAY HORSE DRIVE sales was for below the average price, whilst two 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
2021 30 JUL	£270,000	£291,258	7% below HPI
2002 30 AUG	£147,500	£123,269	20% above HPI
1997 12 NOV	£87,950	£81,593	8% above HPI

12 BAY HORSE 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 12 BAY HORSE DRIVE sales between November 1997 and July 2021 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 August 2002 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 BAY HORSE DRIVE?

12 BAY HORSE DRIVE is 130m² according to the EPC inspection conducted in January 2018. This puts it in the largest 40% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 12 BAY HORSE DRIVE lies on this distribution: 61% of detached houses are smaller than 12 BAY HORSE DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

12 BAY HORSE DRIVE: Plot and Title Map

12 BAY HORSE DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 12 BAY HORSE 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 12 BAY HORSE 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 12 BAY HORSE DRIVE?

12 BAY HORSE DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 12 on BAY HORSE DRIVE.