7, REDSHANK DRIVE, HEYSHAM, MORECAMBE, LA3 2WF - £223,000

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

7 REDSHANK DRIVE is a midsized extended detached house of 101m², built sometime between 2003 and 2006. It was last sold for £223,000 in October 2020, which was around 21% below the average October 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

7 REDSHANK DRIVE Sold Prices

Land registry data shows two sales for 7 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 7 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
2020 2 OCT	£223,000	£282,979	21% below HPI
2005 24 MAY	£182,000	£201,387	10% below HPI

7 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 7 REDSHANK DRIVE sales from May 2005 and October 2020 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 May 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 REDSHANK DRIVE?

7 REDSHANK DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 7 REDSHANK DRIVE lies on this distribution: 50% of detached houses are smaller than 7 REDSHANK DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Heysham.

7 REDSHANK DRIVE: Plot and Title Map

7 REDSHANK DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 7 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 7 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 7 REDSHANK DRIVE?

7 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 7 on REDSHANK DRIVE.