2, DRAYCOMBE DRIVE, HEYSHAM, MORECAMBE, LA3 1LN - £360,000

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.

2 DRAYCOMBE DRIVE is a very large detached house of 282m², built sometime between 1900 and 1929, which could now be worth an estimated £517,492. It was last sold for £360,000 in April 2016, which was around 55% above the average April 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

2 DRAYCOMBE DRIVE Sold Prices

Land registry data shows one sale for 2 DRAYCOMBE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 21 APR	£360,000	£231,513	55% above HPI

What might 2 DRAYCOMBE DRIVE be worth now?

2 DRAYCOMBE DRIVE might now be worth an estimated £517,492.

This is based on house price inflation of 43.7%, between April 2016 and May 2026, 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 43.7% inflationary increase is applied to the most recent sale price for 2 DRAYCOMBE DRIVE of £360,000 on 21st April 2016. For the value to have increased from £360,000 to £517,492 over the nine years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 DRAYCOMBE DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The April 2016 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DRAYCOMBE DRIVE has not materially changed since April 2016.

How Large is 2 DRAYCOMBE DRIVE?

2 DRAYCOMBE DRIVE is 282m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 2 DRAYCOMBE DRIVE lies on this distribution: 99% of detached houses are smaller than 2 DRAYCOMBE DRIVE, and 1% of detached houses are larger. Note that EPC data is not available for all properties in Heysham.

2 DRAYCOMBE DRIVE: Plot

2 DRAYCOMBE DRIVE sits on a plot of roughly 0.419 of an acre, or 1,695m².

Where is 2 DRAYCOMBE DRIVE?

2 DRAYCOMBE DRIVE is located in HEYSHAM, in the LA3 postcode district.