38, REDMAYNE DRIVE, CARNFORTH, LA5 9XB - £148,500

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.

38 REDMAYNE DRIVE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £230,652. It was last sold for £148,500 in January 2012, which was around 31% below the average January 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

38 REDMAYNE DRIVE Sold Prices

Land registry data shows one sale for 38 REDMAYNE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 27 JAN	£148,500	£214,218	31% below HPI

What might 38 REDMAYNE DRIVE be worth now?

38 REDMAYNE DRIVE might now be worth an estimated £230,652.

This is based on house price inflation of 55.3%, between January 2012 and April 2026, 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 55.3% inflationary increase is applied to the most recent sale price for 38 REDMAYNE DRIVE of £148,500 on 27th January 2012. For the value to have increased from £148,500 to £230,652 over the thirteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 38 REDMAYNE DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The January 2012 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 38 REDMAYNE DRIVE has not materially changed since January 2012.

How Large is 38 REDMAYNE DRIVE?

38 REDMAYNE DRIVE is 64m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 38 REDMAYNE DRIVE lies on this distribution: 3% of detached houses are smaller than 38 REDMAYNE DRIVE, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Carnforth.

38 REDMAYNE DRIVE: Plot

38 REDMAYNE DRIVE sits on a plot of roughly 0.088 of an acre, or 356m².

Where is 38 REDMAYNE DRIVE?

38 REDMAYNE DRIVE is located in CARNFORTH, in the LA5 postcode district.