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
37 REDSHANK DRIVE is a small extended detached house of 91m², built sometime from 2007 onwards. It was last sold for £215,500 in August 2019, which was around 18% below the average August 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 37 REDSHANK DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the five 37 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 |
---|---|---|---|
2019 12 AUG | £215,500 | £261,507 | 18% below HPI |
2016 7 OCT | £170,000 | £248,873 | 32% below HPI |
2016 23 SEP | £180,000 | £245,504 | 27% below HPI |
2012 23 AUG | £176,000 | £224,098 | 21% below HPI |
2008 22 MAY | £195,495 | £235,827 | 17% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The five 37 REDSHANK DRIVE sales between May 2008 and August 2019 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
37 REDSHANK DRIVE is 91m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 37 REDSHANK DRIVE lies on this distribution: 39% of detached houses are smaller than 37 REDSHANK DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Heysham.
37 REDSHANK DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 37 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 37 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.
37 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 37 on REDSHANK DRIVE.