8, LANCASTER DRIVE, ST IVES, PE27 3YE - £262,500

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.

8 LANCASTER DRIVE is a very small semi-detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £315,342. It was last sold for £262,500 in July 2020, which was around 6% above the average July 2020 semi-detached price in the Huntingdonshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

8 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 8 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Huntingdonshire local authority area for the corresponding sale date. All of the three 8 LANCASTER 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 3 JUL	£262,500	£247,278	6% above HPI
2012 14 SEP	£169,995	£163,756	4% above HPI
2007 23 FEB	£174,500	£166,169	5% above HPI

8 LANCASTER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Huntingdonshire local authority area over time, sourced from the HPI. The three 8 LANCASTER DRIVE sales between February 2007 and July 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 September 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 8 LANCASTER DRIVE be worth now?

8 LANCASTER DRIVE might now be worth an estimated £315,342.

This is based on house price inflation of 20.1%, between July 2020 and February 2025, for semi-detached houses, in the Huntingdonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 8 LANCASTER DRIVE of £262,500 on 3rd July 2020. For the value to have increased from £262,500 to £315,342 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 8 LANCASTER DRIVE has moved in line with the HPI for semi-detached houses in the Huntingdonshire local authority area.
• The July 2020 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 8 LANCASTER DRIVE has not materially changed since July 2020.

How Large is 8 LANCASTER DRIVE?

8 LANCASTER DRIVE is 81m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of semi-detached houses houses in St Ives, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in St Ives, and where 8 LANCASTER DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 8 LANCASTER DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in St Ives.

8 LANCASTER DRIVE: Plot and Title Map

8 LANCASTER DRIVE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 8 LANCASTER 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 LANCASTER 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 LANCASTER DRIVE?

8 LANCASTER DRIVE is located in ST. IVES, in the PE27 postcode district. The below map shows the position of No. 8 on LANCASTER DRIVE.