32, BAY HORSE DRIVE, LANCASTER, LA1 4LA - £244,000

32 BAY HORSE DRIVE is a very small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £244,000 in February 2017, which was around 2% below the average February 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

32 BAY HORSE DRIVE Sold Prices

Land registry data shows three sales for 32 BAY HORSE 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 Lancaster local authority area for the corresponding sale date. Two of the three 32 BAY HORSE DRIVE sales were for below the average price, whilst one was 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
2017 3 FEB	£244,000	£248,502	2% below HPI
2016 4 MAR	£182,000	£237,955	24% below HPI
2002 5 DEC	£145,000	£135,124	7% above HPI

32 BAY HORSE 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 three 32 BAY HORSE DRIVE sales between December 2002 and February 2017 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 March 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 32 BAY HORSE DRIVE?

32 BAY HORSE DRIVE is 87m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 32 BAY HORSE DRIVE lies on this distribution: 14% of detached houses are smaller than 32 BAY HORSE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

32 BAY HORSE DRIVE: Plot and Title Map

32 BAY HORSE DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 32 BAY HORSE 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 32 BAY HORSE 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 32 BAY HORSE DRIVE?

32 BAY HORSE DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 32 on BAY HORSE DRIVE.