4, PROSPECT DRIVE, HEST BANK, LANCASTER, LA2 6HX - £310,000

4 PROSPECT DRIVE is a very large extended detached house of 218m², built sometime between 1900 and 1929. It was last sold for £310,000 in December 2017, which was around 23% above the average December 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

4 PROSPECT DRIVE Sold Prices

Land registry data shows two sales for 4 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 4 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
2017 19 DEC	£310,000	£251,566	23% above HPI
2001 17 DEC	£185,000	£106,749	73% above HPI

4 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 4 PROSPECT DRIVE sales from December 2001 and December 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 December 2001 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the December 2017 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 4 PROSPECT DRIVE?

4 PROSPECT DRIVE is 218m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 10% 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 4 PROSPECT DRIVE lies on this distribution: 90% of detached houses are smaller than 4 PROSPECT DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Hest Bank.

4 PROSPECT DRIVE: Plot and Title Map

4 PROSPECT DRIVE sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 4 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 4 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 4 PROSPECT DRIVE?

4 PROSPECT DRIVE is located in HEST BANK, in the LA2 postcode district. The below map shows the position of No. 4 on PROSPECT DRIVE.