89, REDRUTH DRIVE, CARNFORTH, LA5 9TT - £218,000

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

89 REDRUTH DRIVE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £218,000 in May 2020, which was around 15% below the average May 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

89 REDRUTH DRIVE Sold Prices

Land registry data shows three sales for 89 REDRUTH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 89 REDRUTH 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 6 MAY	£218,000	£256,464	15% below HPI
2011 30 SEP	£145,000	£223,044	35% below HPI
2003 6 JUN	£109,500	£149,625	27% below HPI

89 REDRUTH 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 three 89 REDRUTH DRIVE sales between June 2003 and May 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 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 89 REDRUTH DRIVE?

89 REDRUTH DRIVE is 73m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 89 REDRUTH DRIVE lies on this distribution: 10% of detached houses are smaller than 89 REDRUTH DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

89 REDRUTH DRIVE: Plot and Title Map

89 REDRUTH DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 89 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 89 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 89 REDRUTH DRIVE?

89 REDRUTH DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 89 on REDRUTH DRIVE.