4, CLEVELAND DRIVE, LANCASTER, LA1 5EW - £271,200

4 CLEVELAND DRIVE is a midsized detached house of 116m², built sometime between 1983 and 1990. It was last sold for £271,200 in June 2018, which was around 8% above the average June 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

4 CLEVELAND DRIVE Sold Prices

Land registry data shows two sales for 4 CLEVELAND 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 4 CLEVELAND 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
2018 5 JUN	£271,200	£252,167	8% above HPI
2006 31 OCT	£265,000	£226,245	17% above HPI

4 CLEVELAND 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 4 CLEVELAND DRIVE sales from October 2006 and June 2018 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 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 CLEVELAND DRIVE?

4 CLEVELAND DRIVE is 116m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 4 CLEVELAND DRIVE lies on this distribution: 45% of detached houses are smaller than 4 CLEVELAND DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

4 CLEVELAND DRIVE: Plot and Title Map

4 CLEVELAND DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 4 CLEVELAND 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 4 CLEVELAND 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 4 CLEVELAND DRIVE?

4 CLEVELAND DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 4 on CLEVELAND DRIVE.