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
5 MAYO DRIVE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £245,000 in December 2018, which was around 15% below the average December 2018 detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 MAYO DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the three 5 MAYO 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 |
---|---|---|---|
2018 19 DEC | £245,000 | £287,449 | 15% below HPI |
2000 6 SEP | £79,950 | £112,933 | 29% below HPI |
1999 11 MAY | £74,000 | £96,893 | 24% below HPI |
The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The three 5 MAYO DRIVE sales between May 1999 and December 2018 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 September 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
5 MAYO DRIVE is 71m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Tarleton, based on EPC data. The below chart shows the distribution of detached houses by size in Tarleton, and where 5 MAYO DRIVE lies on this distribution: 3% of detached houses are smaller than 5 MAYO DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tarleton.
5 MAYO DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 5 MAYO 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 5 MAYO 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.
5 MAYO DRIVE is located in TARLETON, in the PR4 postcode district. The below map shows the position of No. 5 on MAYO DRIVE.