27, PROSPECT DRIVE, HEST BANK, LANCASTER, LA2 6HZ - £315,000

27 PROSPECT DRIVE is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £315,000 in January 2010, which was around 41% above the average January 2010 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

27 PROSPECT DRIVE Sold Prices

Land registry data shows two sales for 27 PROSPECT 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 27 PROSPECT 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
2010 22 JAN	£315,000	£223,335	41% above HPI
2003 31 JUL	£175,000	£152,688	15% above HPI

27 PROSPECT 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 27 PROSPECT DRIVE sales from July 2003 and January 2010 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 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2010 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 27 PROSPECT DRIVE?

27 PROSPECT DRIVE is 157m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 30% of detached houses in Hest Bank, based on EPC data. The below chart shows the distribution of detached houses by size in Hest Bank, and where 27 PROSPECT DRIVE lies on this distribution: 72% of detached houses are smaller than 27 PROSPECT DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

27 PROSPECT DRIVE: Plot and Title Map

27 PROSPECT DRIVE sits on a plot of roughly 0.125 of an acre, or 508m². The below map shows the location of 27 PROSPECT 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 27 PROSPECT 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 27 PROSPECT DRIVE?

27 PROSPECT DRIVE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 27 on PROSPECT DRIVE.