8, COVE DRIVE, SILVERDALE, CARNFORTH, LA5 0SD - £282,500

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 COVE DRIVE is a small detached house of 117m², built sometime between 1976 and 1982. It was last sold for £282,500 in September 2019, which was around 7% above the average September 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

8 COVE DRIVE Sold Prices

Land registry data shows two sales for 8 COVE 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 COVE 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
2019 9 SEP	£282,500	£264,860	7% above HPI
2003 1 JUL	£188,000	£152,688	23% above HPI

8 COVE 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 COVE DRIVE sales from July 2003 and September 2019 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 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 8 COVE DRIVE?

8 COVE DRIVE is 117m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Silverdale, based on EPC data. The below chart shows the distribution of detached houses by size in Silverdale, and where 8 COVE DRIVE lies on this distribution: 38% of detached houses are smaller than 8 COVE DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

8 COVE DRIVE: Plot and Title Map

8 COVE DRIVE sits on a plot of roughly 0.143 of an acre, or 581m². The below map shows the location of 8 COVE 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 COVE 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 COVE DRIVE?

8 COVE DRIVE is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 8 on COVE DRIVE.