15, REDMAYNE DRIVE, CARNFORTH, LA5 9XA - £195,000

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 REDMAYNE DRIVE is a small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £195,000 in February 2019, which was around 25% below the average February 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

15 REDMAYNE DRIVE Sold Prices

Land registry data shows four sales for 15 REDMAYNE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 15 REDMAYNE 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
2019 22 FEB	£195,000	£261,440	25% below HPI
2015 29 MAY	£172,000	£230,672	25% below HPI
2000 8 DEC	£68,000	£98,227	31% below HPI
1997 17 SEP	£53,000	£81,476	35% below HPI

15 REDMAYNE 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 four 15 REDMAYNE DRIVE sales between September 1997 and February 2019 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 May 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2019 sale, which was also at 25% below the HPI.

How Large is 15 REDMAYNE DRIVE?

15 REDMAYNE DRIVE is 89m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 15 REDMAYNE DRIVE lies on this distribution: 38% of detached houses are smaller than 15 REDMAYNE DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

15 REDMAYNE DRIVE: Plot and Title Map

15 REDMAYNE DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 15 REDMAYNE 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 REDMAYNE 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 REDMAYNE DRIVE?

15 REDMAYNE DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 15 on REDMAYNE DRIVE.