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 REDRUTH DRIVE is a small extended detached house of 85m², built sometime between 2003 and 2006. It was last sold for £199,950 in August 2004, which was about the average August 2004 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 16 REDRUTH DRIVE since 1st 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 REDRUTH DRIVE sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2004 27 AUG | £199,950 | £200,869 | Close to HPI |
2004 28 MAY | £150,000 | £185,661 | 19% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 16 REDRUTH DRIVE sales from May 2004 and August 2004 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 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2004 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
16 REDRUTH DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 16 REDRUTH DRIVE lies on this distribution: 33% of detached houses are smaller than 16 REDRUTH DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Carnforth.
16 REDRUTH DRIVE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 16 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 16 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.
16 REDRUTH DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 16 on REDRUTH DRIVE.