8, REDSHANK DRIVE, HEYSHAM, MORECAMBE, LA3 2WF - £350,000

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.

8 REDSHANK DRIVE is a very large detached house of 136m², built sometime between 2003 and 2006, which could now be worth an estimated £338,345. It was last sold for £350,000 in November 2024, which was around 1% above the average November 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

8 REDSHANK DRIVE Sold Prices

Land registry data shows two sales for 8 REDSHANK 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. One of the two 8 REDSHANK DRIVE sales was for above the average price, whilst the other was for below 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
2024 29 NOV	£350,000	£345,532	1% above HPI
2004 24 NOV	£200,000	£201,347	1% below HPI

8 REDSHANK 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 8 REDSHANK DRIVE sales from November 2004 and November 2024 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 November 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2024 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 REDSHANK DRIVE be worth now?

8 REDSHANK DRIVE might now be worth an estimated £338,345.

This is based on house price deflation of 3.3%, between November 2024 and February 2025, 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 3.3% deflationary decrease is applied to the most recent sale price for 8 REDSHANK DRIVE of £350,000 on 29th November 2024. For the value to have decreased from £350,000 to £338,345 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 8 REDSHANK DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 REDSHANK DRIVE has not materially changed since November 2024.

How Large is 8 REDSHANK DRIVE?

8 REDSHANK DRIVE is 136m² according to the EPC inspection conducted in February 2011. This puts it in the largest 20% of detached houses houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heysham, and where 8 REDSHANK DRIVE lies on this distribution: 81% of detached houses houses are smaller than 8 REDSHANK DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Heysham.

8 REDSHANK DRIVE: Plot and Title Map

8 REDSHANK DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 8 REDSHANK 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 REDSHANK 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 REDSHANK DRIVE?

8 REDSHANK DRIVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 8 on REDSHANK DRIVE.