23, MARINE DRIVE, HEST BANK, LANCASTER, LA2 6DY - £340,000

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.

23 MARINE DRIVE is a midsized detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £335,028. It was last sold for £340,000 in August 2023, which was about the average August 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

23 MARINE DRIVE Sold Prices

Land registry data shows five sales for 23 MARINE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The five 23 MARINE DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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 14 AUG	£340,000	£338,983	Close to HPI
2021 29 OCT	£370,000	£295,932	25% above HPI
2015 23 JUL	£250,000	£229,458	9% above HPI
2010 22 NOV	£215,000	£216,253	1% below HPI
1998 22 APR	£75,000	£81,110	8% below HPI

23 MARINE 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 five 23 MARINE DRIVE sales between April 1998 and August 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 October 2021 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 23 MARINE DRIVE be worth now?

23 MARINE DRIVE might now be worth an estimated £335,028.

This is based on house price deflation of 1.5%, between August 2023 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 1.5% deflationary decrease is applied to the most recent sale price for 23 MARINE DRIVE of £340,000 on 14th August 2023. For the value to have decreased from £340,000 to £335,028 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 23 MARINE DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MARINE DRIVE has not materially changed since August 2023.

How Large is 23 MARINE DRIVE?

23 MARINE DRIVE is 123m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% 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 23 MARINE DRIVE lies on this distribution: 47% of detached houses houses are smaller than 23 MARINE DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

23 MARINE DRIVE: Plot and Title Map

23 MARINE DRIVE sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of 23 MARINE 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 23 MARINE 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 23 MARINE DRIVE?

23 MARINE DRIVE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 23 on MARINE DRIVE.