37, THE DRIVE, CARNFORTH, LA5 9JD - £213,000

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.

37 THE DRIVE is a very small detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £274,229. It was last sold for £213,000 in July 2020, which was around 18% below the average July 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

37 THE DRIVE Sold Prices

Land registry data shows four sales for 37 THE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The four 37 THE DRIVE sales were a mix of below the average price, and roughly equal to 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
2020 9 JUL	£213,000	£258,436	18% below HPI
2002 12 JUL	£114,950	£115,333	Close to HPI
1998 17 DEC	£67,000	£79,387	16% below HPI
1997 4 JUL	£66,500	£78,958	16% below HPI

37 THE 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 four 37 THE DRIVE sales between July 1997 and July 2020 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 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 37 THE DRIVE be worth now?

37 THE DRIVE might now be worth an estimated £274,229.

This is based on house price inflation of 28.7%, between July 2020 and April 2026, 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 28.7% inflationary increase is applied to the most recent sale price for 37 THE DRIVE of £213,000 on 9th July 2020. For the value to have increased from £213,000 to £274,229 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 37 THE DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2020 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 37 THE DRIVE has not materially changed since July 2020.

How Large is 37 THE DRIVE?

37 THE DRIVE is 67m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carnforth, and where 37 THE DRIVE lies on this distribution: 6% of detached houses houses are smaller than 37 THE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

37 THE DRIVE: Plot and Title Map

37 THE DRIVE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 37 THE 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 THE 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 THE DRIVE?

37 THE DRIVE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 37 on THE DRIVE.