2, LANCASTER DRIVE, PRESTWICH, MANCHESTER, M25 0HZ - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LANCASTER DRIVE is a very large extended detached house of 193m², built sometime between 1930 and 1949, which could now be worth an estimated £598,895. It was last sold for £215,000 in February 2003, which was around 53% above the average February 2003 detached price in the Bury local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

2 LANCASTER DRIVE Sold Prices

Land registry data shows two sales for 2 LANCASTER 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 Bury local authority area for the corresponding sale date. Both of the two 2 LANCASTER DRIVE sales were 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
2003 25 FEB	£215,000	£140,085	53% above HPI
1996 14 NOV	£123,000	£77,257	59% above HPI

2 LANCASTER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bury local authority area over time, sourced from the HPI. The two 2 LANCASTER DRIVE sales from November 1996 and February 2003 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 1996 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the February 2003 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 2 LANCASTER DRIVE be worth now?

2 LANCASTER DRIVE might now be worth an estimated £598,895.

This is based on house price inflation of 178.6%, between February 2003 and February 2025, for detached houses, in the Bury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 178.6% inflationary increase is applied to the most recent sale price for 2 LANCASTER DRIVE of £215,000 on 25th February 2003. For the value to have increased from £215,000 to £598,895 over the 22 years to February 2025, the following assumptions must hold true:

• The value of 2 LANCASTER DRIVE has moved in line with the HPI for detached houses in the Bury local authority area.
• The February 2003 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANCASTER DRIVE has not materially changed since February 2003.

How Large is 2 LANCASTER DRIVE?

2 LANCASTER DRIVE is 193m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses houses in Prestwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in Prestwich, and where 2 LANCASTER DRIVE lies on this distribution: 82% of detached houses houses are smaller than 2 LANCASTER DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Prestwich.

2 LANCASTER DRIVE: Plot and Title Map

2 LANCASTER DRIVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 2 LANCASTER 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 2 LANCASTER 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 2 LANCASTER DRIVE?

2 LANCASTER DRIVE is located in PRESTWICH, in the M25 postcode district. The below map shows the position of No. 2 on LANCASTER DRIVE.