49, REDMAYNE DRIVE, CARNFORTH, LA5 9XB - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

49 REDMAYNE DRIVE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £245,000 in March 2021, which was around 16% below the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

49 REDMAYNE DRIVE Sold Prices

Land registry data shows two sales for 49 REDMAYNE 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 49 REDMAYNE 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
2021 10 MAR	£245,000	£293,206	16% below HPI
2013 29 OCT	£155,000	£226,274	31% below HPI

49 REDMAYNE 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 49 REDMAYNE DRIVE sales from October 2013 and March 2021 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 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 49 REDMAYNE DRIVE?

49 REDMAYNE DRIVE is 79m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 49 REDMAYNE DRIVE lies on this distribution: 19% of detached houses are smaller than 49 REDMAYNE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

49 REDMAYNE DRIVE: Plot and Title Map

49 REDMAYNE DRIVE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 49 REDMAYNE 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 49 REDMAYNE 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 49 REDMAYNE DRIVE?

49 REDMAYNE DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 49 on REDMAYNE DRIVE.