37, REDSHANK DRIVE, HEYSHAM, MORECAMBE, LA3 2WF - £215,500

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.

37 REDSHANK DRIVE is a small extended detached house of 91m², built sometime from 2007 onwards, which could now be worth an estimated £283,767. It was last sold for £215,500 in August 2019, which was around 15% below the average August 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

37 REDSHANK DRIVE Sold Prices

Land registry data shows five sales for 37 REDSHANK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the five 37 REDSHANK 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
2019 12 AUG	£215,500	£253,668	15% below HPI
2016 7 OCT	£170,000	£241,413	30% below HPI
2016 23 SEP	£180,000	£238,145	24% below HPI
2012 23 AUG	£176,000	£217,380	19% below HPI
2008 22 MAY	£195,495	£228,758	15% below HPI

37 REDSHANK 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 five 37 REDSHANK DRIVE sales between May 2008 and August 2019 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 October 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 37 REDSHANK DRIVE be worth now?

37 REDSHANK DRIVE might now be worth an estimated £283,767.

This is based on house price inflation of 31.7%, between August 2019 and February 2025, 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 31.7% inflationary increase is applied to the most recent sale price for 37 REDSHANK DRIVE of £215,500 on 12th August 2019. For the value to have increased from £215,500 to £283,767 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 37 REDSHANK DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2019 sale price of £215,500 represented a fair market value for the property.
• The size, condition, and specification of 37 REDSHANK DRIVE has not materially changed since August 2019.

How Large is 37 REDSHANK DRIVE?

37 REDSHANK DRIVE is 91m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heysham, and where 37 REDSHANK DRIVE lies on this distribution: 39% of detached houses houses are smaller than 37 REDSHANK DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Heysham.

37 REDSHANK DRIVE: Plot and Title Map

37 REDSHANK DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 37 REDSHANK 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 37 REDSHANK 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 37 REDSHANK DRIVE?

37 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 37 on REDSHANK DRIVE.