24, LANCASTER DRIVE, LYDNEY, GL15 5SL - £285,000

24 LANCASTER DRIVE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £285,000 in March 2022, which was around 28% below the average March 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

24 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 24 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three 24 LANCASTER 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
2022 17 MAR	£285,000	£396,076	28% below HPI
2015 23 JUL	£169,950	£241,206	30% below HPI
2012 2 NOV	£150,000	£224,629	33% below HPI

24 LANCASTER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The three 24 LANCASTER DRIVE sales between November 2012 and March 2022 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 July 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 24 LANCASTER DRIVE?

24 LANCASTER DRIVE is 66m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses by size in Lydney, and where 24 LANCASTER DRIVE lies on this distribution: 7% of detached houses are smaller than 24 LANCASTER DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lydney.

24 LANCASTER DRIVE: Plot and Title Map

24 LANCASTER DRIVE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 24 LANCASTER 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 24 LANCASTER 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 24 LANCASTER DRIVE?

24 LANCASTER DRIVE is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 24 on LANCASTER DRIVE.