103, REDRUTH DRIVE, CARNFORTH, LA5 9TT - £150,000

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.

103 REDRUTH DRIVE is a small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £222,068. It was last sold for £150,000 in August 2014, which was around 34% below the average August 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

103 REDRUTH DRIVE Sold Prices

Land registry data shows four sales for 103 REDRUTH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 103 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
2014 8 AUG	£150,000	£225,624	34% below HPI
2009 28 AUG	£146,000	£207,973	30% below HPI
2007 26 JAN	£156,000	£216,835	28% below HPI
2003 25 JUL	£109,950	£148,111	26% below HPI

103 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 four 103 REDRUTH DRIVE sales between July 2003 and August 2014 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 August 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 103 REDRUTH DRIVE be worth now?

103 REDRUTH DRIVE might now be worth an estimated £222,068.

This is based on house price inflation of 48%, between August 2014 and February 2025, for detached 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 48% inflationary increase is applied to the most recent sale price for 103 REDRUTH DRIVE of £150,000 on 8th August 2014. For the value to have increased from £150,000 to £222,068 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 103 REDRUTH DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2014 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 103 REDRUTH DRIVE has not materially changed since August 2014.

How Large is 103 REDRUTH DRIVE?

103 REDRUTH DRIVE is 89m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carnforth, and where 103 REDRUTH DRIVE lies on this distribution: 37% of detached houses houses are smaller than 103 REDRUTH DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

103 REDRUTH DRIVE: Plot and Title Map

103 REDRUTH DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 103 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 103 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 103 REDRUTH DRIVE?

103 REDRUTH DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 103 on REDRUTH DRIVE.