2, REDSHANK DRIVE, HEYSHAM, MORECAMBE, LA3 2WF - £235,000

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 REDSHANK DRIVE is a large detached house of 108m², built sometime between 2003 and 2006. It was last sold for £235,000 in November 2019, which was around 13% below the average November 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

2 REDSHANK DRIVE Sold Prices

Land registry data shows three sales for 2 REDSHANK 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 REDSHANK 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
2019 1 NOV	£235,000	£270,160	13% below HPI
2006 27 OCT	£212,000	£226,245	6% below HPI
2004 22 OCT	£185,000	£204,520	10% below HPI

2 REDSHANK 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 REDSHANK DRIVE sales between October 2004 and November 2019 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 October 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 REDSHANK DRIVE?

2 REDSHANK DRIVE is 108m² according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 2 REDSHANK DRIVE lies on this distribution: 61% of detached houses are smaller than 2 REDSHANK DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Heysham.

2 REDSHANK DRIVE: Plot and Title Map

2 REDSHANK DRIVE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 2 REDSHANK 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 REDSHANK 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 REDSHANK DRIVE?

2 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 2 on REDSHANK DRIVE.