2, LANCASTER DRIVE, SOUTHPORT, PR9 8AR - £146,000

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

2 LANCASTER DRIVE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £146,000 in July 2016, which was around 46% below the average July 2016 detached price in the West Lancashire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

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 West Lancashire local authority area for the corresponding sale date. Both of the two 2 LANCASTER 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
2016 8 JUL	£146,000	£269,604	46% below HPI
2015 28 APR	£137,500	£251,818	45% below HPI

2 LANCASTER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The two 2 LANCASTER DRIVE sales from April 2015 and July 2016 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 April 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2016 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 2 LANCASTER DRIVE?

2 LANCASTER DRIVE is 62m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Banks, based on EPC data. The below chart shows the distribution of detached houses by size in Banks, and where 2 LANCASTER DRIVE lies on this distribution: 1% of detached houses are smaller than 2 LANCASTER DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Banks.

2 LANCASTER DRIVE: Plot and Title Map

2 LANCASTER DRIVE sits on a plot of roughly 0.113 of an acre, or 459m². 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 SOUTHPORT, in the PR9 postcode district. The below map shows the position of No. 2 on LANCASTER DRIVE.