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

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

23 MARINE DRIVE is a midsized detached house of 123m², built sometime between 1930 and 1949. It was last sold for £340,000 in August 2023, which was around 3% below 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. Most of the five 23 MARINE 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
2023 14 AUG	£340,000	£349,458	3% below HPI
2021 29 OCT	£370,000	£305,076	21% above HPI
2015 23 JUL	£250,000	£236,548	6% above HPI
2010 22 NOV	£215,000	£222,936	4% below HPI
1998 22 APR	£75,000	£83,616	10% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

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 in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hest Bank, and where 23 MARINE DRIVE lies on this distribution: 46% of detached houses are smaller than 23 MARINE DRIVE, and 52% 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.