20, REDSHANK DRIVE, HEYSHAM, MORECAMBE, LA3 2WF - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20 REDSHANK DRIVE is a small extended detached house of 91m², built sometime between 2007 and 2011, which could now be worth an estimated £295,913. It was last sold for £300,000 in July 2024, which was around 12% below the average July 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

20 REDSHANK DRIVE Sold Prices

Land registry data shows four sales for 20 REDSHANK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 20 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
2024 19 JUL	£300,000	£341,946	12% below HPI
2019 27 SEP	£215,000	£256,920	16% below HPI
2011 18 NOV	£169,950	£208,611	19% below HPI
2009 17 NOV	£180,495	£218,494	17% below HPI

20 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 four 20 REDSHANK DRIVE sales between November 2009 and July 2024 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 September 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 20 REDSHANK DRIVE be worth now?

20 REDSHANK DRIVE might now be worth an estimated £295,913.

This is based on house price deflation of 1.4%, between July 2024 and December 2024, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% deflationary decrease is applied to the most recent sale price for 20 REDSHANK DRIVE of £300,000 on 19th July 2024. For the value to have decreased from £300,000 to £295,913 over the seven months to December 2024, the following assumptions must hold true:

• The value of 20 REDSHANK DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 20 REDSHANK DRIVE has not materially changed since July 2024.

How Large is 20 REDSHANK DRIVE?

20 REDSHANK DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% of detached houses houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heysham, and where 20 REDSHANK DRIVE lies on this distribution: 39% of detached houses houses are smaller than 20 REDSHANK DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Heysham.

20 REDSHANK DRIVE: Plot and Title Map

20 REDSHANK DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 20 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 20 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 20 REDSHANK DRIVE?

20 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 20 on REDSHANK DRIVE.