6, MARINE DRIVE, HEST BANK, LANCASTER, LA2 6EB - £180,000

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

6 MARINE DRIVE is a very small extended detached house of 76m², built sometime between 1900 and 1929. It was last sold for £180,000 in July 2013, which was around 19% below the average July 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

6 MARINE DRIVE Sold Prices

Land registry data shows two sales for 6 MARINE 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 6 MARINE 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
2013 23 JUL	£180,000	£222,183	19% below HPI
2003 4 JUL	£120,000	£152,688	21% below HPI

6 MARINE 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 6 MARINE DRIVE sales from July 2003 and July 2013 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 July 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 6 MARINE DRIVE?

6 MARINE DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% 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 6 MARINE DRIVE lies on this distribution: 6% of detached houses are smaller than 6 MARINE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

6 MARINE DRIVE: Plot and Title Map

6 MARINE DRIVE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 6 MARINE 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 6 MARINE 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 6 MARINE DRIVE?

6 MARINE DRIVE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 6 on MARINE DRIVE.