7, CLEVELAND DRIVE, LANCASTER, LA1 5EW - £225,000

7 CLEVELAND DRIVE is a small extended detached house of 98m², built sometime between 1976 and 1982. It was last sold for £225,000 in March 2021, which was around 23% below the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

7 CLEVELAND DRIVE Sold Prices

Land registry data shows three sales for 7 CLEVELAND 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 7 CLEVELAND 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
2021 1 MAR	£225,000	£293,206	23% below HPI
2010 23 JUL	£220,000	£229,046	4% below HPI
2004 23 APR	£199,950	£180,204	11% above HPI

7 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 three 7 CLEVELAND DRIVE sales between April 2004 and March 2021 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 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 7 CLEVELAND DRIVE?

7 CLEVELAND DRIVE is 98m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Lancaster, and where 7 CLEVELAND DRIVE lies on this distribution: 22% of detached houses are smaller than 7 CLEVELAND DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

7 CLEVELAND DRIVE: Plot and Title Map

7 CLEVELAND DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 7 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 7 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 7 CLEVELAND DRIVE?

7 CLEVELAND DRIVE is located in LANCASTER, in the LA1 postcode district. The below map shows the position of No. 7 on CLEVELAND DRIVE.