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
55 SEA VIEW DRIVE is a small detached house of 104m², built sometime between 1967 and 1975. It was last sold for £275,000 in March 2018, which was around 9% above the average March 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 55 SEA VIEW DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The four 55 SEA VIEW DRIVE sales were a mix of above the average price, and roughly equal to 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 29 MAR | £275,000 | £253,416 | 9% above HPI |
2017 19 APR | £260,000 | £251,215 | 3% above HPI |
2015 13 APR | £231,000 | £230,446 | Close to HPI |
2002 17 MAY | £125,000 | £111,081 | 13% above HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The four 55 SEA VIEW DRIVE sales between May 2002 and March 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 April 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2018 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
55 SEA VIEW DRIVE is 104m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hest Bank, and where 55 SEA VIEW DRIVE lies on this distribution: 30% of detached houses are smaller than 55 SEA VIEW DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.
55 SEA VIEW DRIVE sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 55 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 55 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.
55 SEA VIEW DRIVE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 55 on SEA VIEW DRIVE.