29, THE DRIVE, CARNFORTH, LA5 9JD - £96,000

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

29 THE DRIVE is a very small extended detached house of 54m², built sometime between 1930 and 1949. It was last sold for £96,000 in November 2003, which was around 40% below the average November 2003 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

29 THE DRIVE Sold Prices

Land registry data shows three sales for 29 THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 29 THE 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
2003 21 NOV	£96,000	£160,571	40% below HPI
2001 4 JUN	£68,000	£99,926	32% below HPI
2000 26 JUN	£59,950	£89,289	33% below HPI

29 THE 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 three 29 THE DRIVE sales between June 2000 and November 2003 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 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2003 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 29 THE DRIVE?

29 THE DRIVE is 54m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 29 THE DRIVE lies on this distribution: 1% of detached houses are smaller than 29 THE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

29 THE DRIVE: Plot and Title Map

29 THE DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 29 THE 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 29 THE 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 29 THE DRIVE?

29 THE DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 29 on THE DRIVE.