3, COLEMAN DRIVE, LANCASTER, LA1 3FQ - £367,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 COLEMAN DRIVE is a large detached house of 131m², which could now be worth an estimated £375,131. It was last sold for £367,000 in April 2024, which was around 11% above the average April 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

3 COLEMAN DRIVE Sold Prices

Land registry data shows two sales for 3 COLEMAN 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 3 COLEMAN 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
2024 19 APR	£367,000	£329,976	11% above HPI
2016 14 OCT	£289,950	£241,413	20% above HPI

3 COLEMAN 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 3 COLEMAN DRIVE sales from October 2016 and April 2024 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 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 3 COLEMAN DRIVE be worth now?

3 COLEMAN DRIVE might now be worth an estimated £375,131.

This is based on house price inflation of 2.2%, between April 2024 and December 2024, 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 2.2% inflationary increase is applied to the most recent sale price for 3 COLEMAN DRIVE of £367,000 on 19th April 2024. For the value to have increased from £367,000 to £375,131 over the four months to December 2024, the following assumptions must hold true:

• The value of 3 COLEMAN DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The April 2024 sale price of £367,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COLEMAN DRIVE has not materially changed since April 2024.

How Large is 3 COLEMAN DRIVE?

3 COLEMAN DRIVE is 131m² according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where 3 COLEMAN DRIVE lies on this distribution: 62% of detached houses houses are smaller than 3 COLEMAN DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

3 COLEMAN DRIVE: Plot and Title Map

3 COLEMAN DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 3 COLEMAN 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 3 COLEMAN 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 3 COLEMAN DRIVE?

3 COLEMAN DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 3 on COLEMAN DRIVE.