8, LANCASTER DRIVE, HULL, HU8 0HJ - £167,500

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.

8 LANCASTER DRIVE is a very small extended terraced house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £179,247. It was last sold for £167,500 in December 2022, which was around 44% above the average December 2022 terraced price in the City of Kingston upon Hull local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

8 LANCASTER DRIVE Sold Prices

Land registry data shows four sales for 8 LANCASTER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the City of Kingston upon Hull local authority area for the corresponding sale date. All of the four 8 LANCASTER 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
2022 9 DEC	£167,500	£116,085	44% above HPI
2015 26 MAY	£112,000	£78,167	43% above HPI
2003 28 FEB	£76,000	£37,039	105% above HPI
2001 16 NOV	£55,000	£29,458	87% above HPI

8 LANCASTER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Kingston upon Hull local authority area over time, sourced from the HPI. The four 8 LANCASTER DRIVE sales between November 2001 and December 2022 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 May 2015 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the December 2022 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 8 LANCASTER DRIVE be worth now?

8 LANCASTER DRIVE might now be worth an estimated £179,247.

This is based on house price inflation of 7%, between December 2022 and March 2026, for terraced houses, in the City of Kingston upon Hull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 8 LANCASTER DRIVE of £167,500 on 9th December 2022. For the value to have increased from £167,500 to £179,247 over the four years and nine months to March 2026, the following assumptions must hold true:

• The value of 8 LANCASTER DRIVE has moved in line with the HPI for terraced houses in the City of Kingston upon Hull local authority area.
• The December 2022 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 8 LANCASTER DRIVE has not materially changed since December 2022.

How Large is 8 LANCASTER DRIVE?

8 LANCASTER DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of terraced houses houses in Kingston upon Hull, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kingston upon Hull, and where 8 LANCASTER DRIVE lies on this distribution: 15% of terraced houses houses are smaller than 8 LANCASTER DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Kingston upon Hull.

8 LANCASTER DRIVE: Plot and Title Map

8 LANCASTER DRIVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 LANCASTER 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 8 LANCASTER 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 8 LANCASTER DRIVE?

8 LANCASTER DRIVE is located in HULL, in the HU8 postcode district. The below map shows the position of No. 8 on LANCASTER DRIVE.