15, THE DRIVE, CARNFORTH, LA5 9JD - £108,000

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.

15 THE DRIVE is a very small terraced house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £105,761. It was last sold for £108,000 in July 2024, which was around 39% below the average July 2024 terraced price in the Lancaster local authority area. The most recent EPC inspection was February 2024, where the current energy rating was G, and the potential energy rating was B.

15 THE DRIVE Sold Prices

Land registry data shows six sales for 15 THE DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. Most of the six 15 THE DRIVE sales were 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 24 JUL	£108,000	£176,377	39% below HPI
2013 22 JUL	£115,000	£112,112	3% above HPI
2009 21 SEP	£100,000	£108,231	8% below HPI
1998 29 MAY	£32,000	£37,423	14% below HPI
1996 22 MAR	£24,000	£33,633	29% below HPI
1996 22 MAR	£19,000	£33,633	44% below HPI

What might 15 THE DRIVE be worth now?

15 THE DRIVE might now be worth an estimated £105,761.

This is based on house price deflation of 2.1%, between July 2024 and April 2026, for terraced 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 2.1% deflationary decrease is applied to the most recent sale price for 15 THE DRIVE of £108,000 on 24th July 2024. For the value to have decreased from £108,000 to £105,761 over the two years and three months to April 2026, the following assumptions must hold true:

• The value of 15 THE DRIVE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The July 2024 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE DRIVE has not materially changed since July 2024.

How Large is 15 THE DRIVE?

15 THE DRIVE is 60m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of terraced houses in Carnforth, based on EPC data. The below chart shows the distribution of terraced houses by size in Carnforth, and where 15 THE DRIVE lies on this distribution: 20% of terraced houses are smaller than 15 THE DRIVE, and 79% of terraced houses are larger. Note that EPC data is not available for all properties in Carnforth.

15 THE DRIVE: Plot

15 THE DRIVE sits on a plot of roughly 0.017 of an acre, or 70m².

Where is 15 THE DRIVE?

15 THE DRIVE is located in CARNFORTH, in the LA5 postcode district.