15, AFRICA DRIVE, LANCASTER, LA1 5TZ - £345,000

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

15 AFRICA DRIVE is a small detached house of 112m². It was last sold for £345,000 in December 2023, which was around 1% below the average December 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was A.

15 AFRICA DRIVE Sold Prices

Land registry data shows two sales for 15 AFRICA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. One of the two 15 AFRICA DRIVE sales was for below the average price, whilst the other was 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
2023 20 DEC	£345,000	£348,666	1% below HPI
2015 26 JUN	£257,995	£233,825	10% above HPI

15 AFRICA 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 two 15 AFRICA DRIVE sales from June 2015 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 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 15 AFRICA DRIVE?

15 AFRICA DRIVE is 112m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 15 AFRICA DRIVE lies on this distribution: 40% of detached houses are smaller than 15 AFRICA DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

15 AFRICA DRIVE: Plot and Title Map

15 AFRICA DRIVE sits on a plot of roughly 7.6 acres, or 30,945m². The below map shows the location of 15 AFRICA 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 15 AFRICA 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 15 AFRICA DRIVE?

15 AFRICA DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 15 on AFRICA DRIVE.