14, REDRUTH DRIVE, CARNFORTH, LA5 9TT - £172,000

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

14 REDRUTH DRIVE is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £172,000 in December 2014, which was around 25% below the average December 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

14 REDRUTH DRIVE Sold Prices

Land registry data shows three sales for 14 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 14 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
2014 5 DEC	£172,000	£229,246	25% below HPI
2005 24 NOV	£193,000	£210,292	8% below HPI
2004 20 JUL	£132,000	£195,728	33% below HPI

14 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 14 REDRUTH DRIVE sales between July 2004 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 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 14 REDRUTH DRIVE?

14 REDRUTH DRIVE is 74m² according to the EPC inspection conducted in July 2023. 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 14 REDRUTH DRIVE lies on this distribution: 12% of detached houses are smaller than 14 REDRUTH DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

14 REDRUTH DRIVE: Plot and Title Map

14 REDRUTH DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 14 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 14 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 14 REDRUTH DRIVE?

14 REDRUTH DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 14 on REDRUTH DRIVE.