73, REDRUTH DRIVE, CARNFORTH, LA5 9TT - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

73 REDRUTH DRIVE is a large terraced house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £230,310. It was last sold for £185,000 in December 2020, which was around 34% above the average December 2020 terraced price in the Lancaster local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

73 REDRUTH DRIVE Sold Prices

Land registry data shows five sales for 73 REDRUTH DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the five 73 REDRUTH DRIVE sales were for above 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 14 DEC	£185,000	£137,553	34% above HPI
2020 29 JUN	£188,000	£122,911	53% above HPI
2007 9 MAR	£174,000	£115,993	50% above HPI
2006 31 MAR	£145,750	£105,577	38% above HPI
2003 30 APR	£97,500	£59,688	63% above HPI

73 REDRUTH DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lancaster local authority area over time, sourced from the HPI. The five 73 REDRUTH DRIVE sales between April 2003 and December 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 June 2020 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 73 REDRUTH DRIVE be worth now?

73 REDRUTH DRIVE might now be worth an estimated £230,310.

This is based on house price inflation of 24.5%, between December 2020 and July 2025, for terraced houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 73 REDRUTH DRIVE of £185,000 on 14th December 2020. For the value to have increased from £185,000 to £230,310 over the five years and five months to July 2025, the following assumptions must hold true:

• The value of 73 REDRUTH DRIVE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The December 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 73 REDRUTH DRIVE has not materially changed since December 2020.

How Large is 73 REDRUTH DRIVE?

73 REDRUTH DRIVE is 119m² according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of terraced houses houses in Carnforth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Carnforth, and where 73 REDRUTH DRIVE lies on this distribution: 77% of terraced houses houses are smaller than 73 REDRUTH DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

73 REDRUTH DRIVE: Plot and Title Map

73 REDRUTH DRIVE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 73 REDRUTH 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 73 REDRUTH 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 73 REDRUTH DRIVE?

73 REDRUTH DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 73 on REDRUTH DRIVE.