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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LANCASTER DRIVE is a very large extended detached house of 193m², built sometime between 1930 and 1949. It was last sold for £215,000 in February 2003, which was around 48% 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	£145,356	48% above HPI
1996 14 NOV	£123,000	£80,164	53% 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 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2003 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

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 in Prestwich, based on EPC data. The below chart shows the distribution of detached houses by size in Prestwich, and where 2 LANCASTER DRIVE lies on this distribution: 82% of detached 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.