21, PROSPECT DRIVE, HEST BANK, LANCASTER, LA2 6HZ - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 PROSPECT DRIVE is a very large extended detached house of 200m², built sometime between 1930 and 1949, which could now be worth an estimated £614,722. It was last sold for £395,000 in March 2014, which was around 84% above the average March 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

21 PROSPECT DRIVE Sold Prices

Land registry data shows two sales for 21 PROSPECT 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 21 PROSPECT 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
2014 28 MAR	£395,000	£214,634	84% above HPI
1996 14 JUN	£96,500	£75,049	29% above HPI

21 PROSPECT 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 21 PROSPECT DRIVE sales from June 1996 and March 2014 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 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2014 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

What might 21 PROSPECT DRIVE be worth now?

21 PROSPECT DRIVE might now be worth an estimated £614,722.

This is based on house price inflation of 55.6%, between March 2014 and February 2025, 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 55.6% inflationary increase is applied to the most recent sale price for 21 PROSPECT DRIVE of £395,000 on 28th March 2014. For the value to have increased from £395,000 to £614,722 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 21 PROSPECT DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2014 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 21 PROSPECT DRIVE has not materially changed since March 2014.

How Large is 21 PROSPECT DRIVE?

21 PROSPECT DRIVE is 200m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hest Bank, and where 21 PROSPECT DRIVE lies on this distribution: 87% of detached houses houses are smaller than 21 PROSPECT DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

21 PROSPECT DRIVE: Plot and Title Map

21 PROSPECT DRIVE sits on a plot of roughly 0.376 of an acre, or 1,522m². The below map shows the location of 21 PROSPECT 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 21 PROSPECT 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 21 PROSPECT DRIVE?

21 PROSPECT DRIVE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 21 on PROSPECT DRIVE.