2, STANLEY DRIVE, HORNBY, LANCASTER, LA2 8NA - £380,000

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 STANLEY DRIVE is a small extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £380,000 in March 2021, which was around 30% above the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 STANLEY DRIVE Sold Prices

Land registry data shows two sales for 2 STANLEY 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 Lancaster local authority area for the corresponding sale date. Both of the two 2 STANLEY 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
2021 19 MAR	£380,000	£293,206	30% above HPI
2004 12 JAN	£288,500	£165,632	74% above HPI

2 STANLEY 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 two 2 STANLEY DRIVE sales from January 2004 and March 2021 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 January 2004 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the March 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 2 STANLEY DRIVE?

2 STANLEY DRIVE is 133m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Hornby, based on EPC data. The below chart shows the distribution of detached houses by size in Hornby, and where 2 STANLEY DRIVE lies on this distribution: 29% of detached houses are smaller than 2 STANLEY DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hornby.

2 STANLEY DRIVE: Plot and Title Map

2 STANLEY DRIVE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 2 STANLEY 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 STANLEY 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 STANLEY DRIVE?

2 STANLEY DRIVE is located in HORNBY, in the LA2 postcode district. The below map shows the position of No. 2 on STANLEY DRIVE.