45, REDSHANK DRIVE, HEYSHAM, MORECAMBE, LA3 2WF - £185,000

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

45 REDSHANK DRIVE is a small extended detached house of 91m², built sometime between 2007 and 2011. It was last sold for £185,000 in April 2016, which was around 22% below the average April 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

45 REDSHANK DRIVE Sold Prices

Land registry data shows two sales for 45 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 45 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 12 APR	£185,000	£238,667	22% below HPI
2008 28 NOV	£193,635	£225,282	14% below HPI

45 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 45 REDSHANK DRIVE sales from November 2008 and April 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 November 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 45 REDSHANK DRIVE?

45 REDSHANK DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 45 REDSHANK DRIVE lies on this distribution: 39% of detached houses are smaller than 45 REDSHANK DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Heysham.

45 REDSHANK DRIVE: Plot and Title Map

45 REDSHANK DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 45 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 45 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 45 REDSHANK DRIVE?

45 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 45 on REDSHANK DRIVE.