2, COVE DRIVE, SILVERDALE, CARNFORTH, LA5 0SD - £285,000

2 COVE DRIVE is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £285,000 in April 2015, which was around 24% above the average April 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

2 COVE DRIVE Sold Prices

Land registry data shows two sales for 2 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 2 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
2015 16 APR	£285,000	£230,446	24% above HPI
1999 2 DEC	£146,000	£89,064	64% above HPI

2 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 2 COVE DRIVE sales from December 1999 and April 2015 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 December 1999 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the April 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 COVE DRIVE?

2 COVE DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Silverdale, based on EPC data. The below chart shows the distribution of detached houses by size in Silverdale, and where 2 COVE DRIVE lies on this distribution: 28% of detached houses are smaller than 2 COVE DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

2 COVE DRIVE: Plot and Title Map

2 COVE DRIVE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 2 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 2 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 2 COVE DRIVE?

2 COVE DRIVE is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 2 on COVE DRIVE.