2, LANTERN WAY, WEST DRAYTON, UB7 9BU - £350,000

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 LANTERN WAY is a very small semi-detached house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £444,571. It was last sold for £350,000 in February 2016, which was around 25% below the average February 2016 semi-detached price in the Hillingdon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

2 LANTERN WAY Sold Prices

Land registry data shows four sales for 2 LANTERN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hillingdon local authority area for the corresponding sale date. All of the four 2 LANTERN WAY 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
2016 10 FEB	£350,000	£465,719	25% below HPI
2015 22 SEP	£265,000	£432,946	39% below HPI
2002 6 JUN	£165,000	£197,078	16% below HPI
2000 8 DEC	£145,265	£161,300	10% below HPI

2 LANTERN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hillingdon local authority area over time, sourced from the HPI. The four 2 LANTERN WAY sales between December 2000 and February 2016 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 LANTERN WAY be worth now?

2 LANTERN WAY might now be worth an estimated £444,571.

This is based on house price inflation of 27%, between February 2016 and June 2025, for semi-detached houses, in the Hillingdon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for 2 LANTERN WAY of £350,000 on 10th February 2016. For the value to have increased from £350,000 to £444,571 over the eight years and eight months to June 2025, the following assumptions must hold true:

• The value of 2 LANTERN WAY has moved in line with the HPI for semi-detached houses in the Hillingdon local authority area.
• The February 2016 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANTERN WAY has not materially changed since February 2016.

How Large is 2 LANTERN WAY?

2 LANTERN WAY is 59m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of semi-detached houses houses in West Drayton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Drayton, and where 2 LANTERN WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 2 LANTERN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in West Drayton.

2 LANTERN WAY: Plot and Title Map

2 LANTERN WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 LANTERN WAY, 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 LANTERN WAY). 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 LANTERN WAY?

2 LANTERN WAY is located in WEST DRAYTON, in the UB7 postcode district. The below map shows the position of No. 2 on LANTERN WAY.