38A, SEA VIEW DRIVE, HEST BANK, LANCASTER, LA2 6BX - £227,500

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.

38A SEA VIEW DRIVE is a very small detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £351,405. It was last sold for £227,500 in December 2012, which was around 5% above the average December 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

38A SEA VIEW DRIVE Sold Prices

Land registry data shows two sales for 38A SEA VIEW 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. One of the two 38A SEA VIEW DRIVE sales was for above the average price, whilst the other was 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
2012 20 DEC	£227,500	£216,249	5% above HPI
2001 19 OCT	£93,000	£104,630	11% below HPI

38A SEA VIEW 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 38A SEA VIEW DRIVE sales from October 2001 and December 2012 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 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2012 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 38A SEA VIEW DRIVE be worth now?

38A SEA VIEW DRIVE might now be worth an estimated £351,405.

This is based on house price inflation of 54.5%, between December 2012 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 54.5% inflationary increase is applied to the most recent sale price for 38A SEA VIEW DRIVE of £227,500 on 20th December 2012. For the value to have increased from £227,500 to £351,405 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 38A SEA VIEW DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2012 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 38A SEA VIEW DRIVE has not materially changed since December 2012.

How Large is 38A SEA VIEW DRIVE?

38A SEA VIEW DRIVE is 86m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% 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 38A SEA VIEW DRIVE lies on this distribution: 14% of detached houses houses are smaller than 38A SEA VIEW DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

38A SEA VIEW DRIVE: Plot and Title Map

38A SEA VIEW DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 38A SEA VIEW 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 38A SEA VIEW 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 38A SEA VIEW DRIVE?

38A SEA VIEW DRIVE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 38A on SEA VIEW DRIVE.