16, BAY HORSE DRIVE, LANCASTER, LA1 4LA - £224,000

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

16 BAY HORSE DRIVE is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £224,000 in February 2007, which was around 1% below the average February 2007 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was C.

16 BAY HORSE DRIVE Sold Prices

Land registry data shows two sales for 16 BAY HORSE 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 16 BAY HORSE DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2007 20 FEB	£224,000	£225,444	1% below HPI
2002 13 AUG	£123,000	£123,269	Close to HPI

16 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 two 16 BAY HORSE DRIVE sales from August 2002 and February 2007 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2007 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 16 BAY HORSE DRIVE?

16 BAY HORSE DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 16 BAY HORSE DRIVE lies on this distribution: 20% of detached houses are smaller than 16 BAY HORSE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

16 BAY HORSE DRIVE: Plot and Title Map

16 BAY HORSE DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 16 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 16 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 16 BAY HORSE DRIVE?

16 BAY HORSE DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 16 on BAY HORSE DRIVE.