2A, PROSPECT DRIVE, HEST BANK, LANCASTER, LA2 6HX - £373,000

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.

2A PROSPECT DRIVE is a large extended detached house of 172m², built sometime between 1976 and 1982, which could now be worth an estimated £552,209. It was last sold for £373,000 in August 2014, which was around 65% above the average August 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

2A PROSPECT DRIVE Sold Prices

Land registry data shows three sales for 2A PROSPECT 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 2A 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 29 AUG	£373,000	£225,624	65% above HPI
2007 29 MAR	£315,000	£218,581	44% above HPI
1999 24 NOV	£140,000	£86,912	61% above HPI

2A 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 three 2A PROSPECT DRIVE sales between November 1999 and August 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 March 2007 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the August 2014 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 2A PROSPECT DRIVE be worth now?

2A PROSPECT DRIVE might now be worth an estimated £552,209.

This is based on house price inflation of 48%, between August 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 48% inflationary increase is applied to the most recent sale price for 2A PROSPECT DRIVE of £373,000 on 29th August 2014. For the value to have increased from £373,000 to £552,209 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 2A PROSPECT DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2014 sale price of £373,000 represented a fair market value for the property.
• The size, condition, and specification of 2A PROSPECT DRIVE has not materially changed since August 2014.

How Large is 2A PROSPECT DRIVE?

2A PROSPECT DRIVE is 172m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 30% 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 2A PROSPECT DRIVE lies on this distribution: 78% of detached houses houses are smaller than 2A PROSPECT DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

2A PROSPECT DRIVE: Plot and Title Map

2A PROSPECT DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 2A 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 2A 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 2A PROSPECT DRIVE?

2A PROSPECT DRIVE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 2A on PROSPECT DRIVE.