27, REDSHANK DRIVE, HEYSHAM, MORECAMBE, LA3 2WF - £159,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

27 REDSHANK DRIVE is a very small extended detached house of 77m², built sometime between 2007 and 2011. It was last sold for £159,000 in March 2010, which was around 29% below the average March 2010 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

27 REDSHANK DRIVE Sold Prices

Land registry data shows two sales for 27 REDSHANK 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 27 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
2010 18 MAR	£159,000	£223,873	29% below HPI
2007 13 DEC	£169,995	£247,493	31% below HPI

27 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 two 27 REDSHANK DRIVE sales from December 2007 and March 2010 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 December 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2010 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 27 REDSHANK DRIVE?

27 REDSHANK DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 27 REDSHANK DRIVE lies on this distribution: 13% of detached houses are smaller than 27 REDSHANK DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Heysham.

27 REDSHANK DRIVE: Plot and Title Map

27 REDSHANK DRIVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 27 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 27 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 27 REDSHANK DRIVE?

27 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 27 on REDSHANK DRIVE.