2, LEIGHTON DRIVE, LANCASTER, LA1 5UQ - £240,000

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 LEIGHTON DRIVE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £240,000 in May 2023, which was around 27% below the average May 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

2 LEIGHTON DRIVE Sold Prices

Land registry data shows three sales for 2 LEIGHTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 2 LEIGHTON 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
2023 26 MAY	£240,000	£326,951	27% below HPI
2015 19 JUN	£160,000	£233,825	32% below HPI
2001 23 AUG	£83,000	£102,910	19% below HPI

2 LEIGHTON 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 three 2 LEIGHTON DRIVE sales between August 2001 and May 2023 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 June 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 LEIGHTON DRIVE?

2 LEIGHTON DRIVE is 77m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 2 LEIGHTON DRIVE lies on this distribution: 7% of detached houses are smaller than 2 LEIGHTON DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

2 LEIGHTON DRIVE: Plot and Title Map

2 LEIGHTON DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 LEIGHTON 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 LEIGHTON 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 LEIGHTON DRIVE?

2 LEIGHTON DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 2 on LEIGHTON DRIVE.