16, COLEMAN DRIVE, LANCASTER, LA1 3FQ - £365,000

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.

16 COLEMAN DRIVE is a large detached house of 132m², which could now be worth an estimated £455,102. It was last sold for £365,000 in August 2020, which was around 36% above the average August 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was A.

16 COLEMAN DRIVE Sold Prices

Land registry data shows two sales for 16 COLEMAN 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 16 COLEMAN 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 14 AUG	£365,000	£267,895	36% above HPI
2015 7 SEP	£319,950	£232,638	38% above HPI

16 COLEMAN 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 16 COLEMAN DRIVE sales from September 2015 and August 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 2015 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 16 COLEMAN DRIVE be worth now?

16 COLEMAN DRIVE might now be worth an estimated £455,102.

This is based on house price inflation of 24.7%, between August 2020 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 24.7% inflationary increase is applied to the most recent sale price for 16 COLEMAN DRIVE of £365,000 on 14th August 2020. For the value to have increased from £365,000 to £455,102 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 16 COLEMAN DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 16 COLEMAN DRIVE has not materially changed since August 2020.

How Large is 16 COLEMAN DRIVE?

16 COLEMAN DRIVE is 132m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where 16 COLEMAN DRIVE lies on this distribution: 64% of detached houses houses are smaller than 16 COLEMAN DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

16 COLEMAN DRIVE: Plot and Title Map

16 COLEMAN DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 16 COLEMAN 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 16 COLEMAN 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 16 COLEMAN DRIVE?

16 COLEMAN DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 16 on COLEMAN DRIVE.