32, REDSHANK DRIVE, HEYSHAM, MORECAMBE, LA3 2WF - £165,000

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

32 REDSHANK DRIVE is a very small detached house of 79m², built sometime between 2007 and 2011. It was last sold for £165,000 in July 2016, which was around 32% below the average July 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

32 REDSHANK DRIVE Sold Prices

Land registry data shows two sales for 32 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 32 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
2016 22 JUL	£165,000	£243,923	32% below HPI
2010 29 JAN	£154,995	£223,335	31% below HPI

32 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 32 REDSHANK DRIVE sales from January 2010 and July 2016 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 January 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 32 REDSHANK DRIVE?

32 REDSHANK DRIVE is 79m² according to the EPC inspection conducted in May 2023. 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 32 REDSHANK DRIVE lies on this distribution: 16% of detached houses are smaller than 32 REDSHANK DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Heysham.

32 REDSHANK DRIVE: Plot and Title Map

32 REDSHANK DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 32 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 32 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 32 REDSHANK DRIVE?

32 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 32 on REDSHANK DRIVE.