127, REDRUTH DRIVE, CARNFORTH, LA5 9TT - £241,500

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

127 REDRUTH DRIVE is a small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £241,500 in December 2023, which was around 31% below the average December 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

127 REDRUTH DRIVE Sold Prices

Land registry data shows three sales for 127 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 127 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 6 DEC	£241,500	£348,666	31% below HPI
2013 8 APR	£158,000	£215,994	27% below HPI
2006 22 FEB	£158,000	£206,792	24% below HPI

127 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 127 REDRUTH DRIVE sales between February 2006 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 April 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 127 REDRUTH DRIVE?

127 REDRUTH DRIVE is 81m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 127 REDRUTH DRIVE lies on this distribution: 25% of detached houses are smaller than 127 REDRUTH DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

127 REDRUTH DRIVE: Plot and Title Map

127 REDRUTH DRIVE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 127 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 127 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 127 REDRUTH DRIVE?

127 REDRUTH DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 127 on REDRUTH DRIVE.