8, COASTAL DRIVE, HEST BANK, LANCASTER, LA2 6HH - £655,000

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

8 COASTAL DRIVE is a very large extended detached house of 207m², built sometime between 1930 and 1949. It was last sold for £655,000 in October 2023, which was around 85% above the average October 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

8 COASTAL DRIVE Sold Prices

Land registry data shows two sales for 8 COASTAL 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 8 COASTAL 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
2023 25 OCT	£655,000	£354,807	85% above HPI
2001 1 JUN	£179,500	£99,926	80% above HPI

8 COASTAL 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 8 COASTAL DRIVE sales from June 2001 and October 2023 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 2001 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the October 2023 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 8 COASTAL DRIVE?

8 COASTAL DRIVE is 207m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% 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 8 COASTAL DRIVE lies on this distribution: 89% of detached houses are smaller than 8 COASTAL DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

8 COASTAL DRIVE: Plot and Title Map

8 COASTAL DRIVE sits on a plot of roughly 0.302 of an acre, or 1,222m². The below map shows the location of 8 COASTAL 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 8 COASTAL 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 8 COASTAL DRIVE?

8 COASTAL DRIVE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 8 on COASTAL DRIVE.