5, REDMAYNE DRIVE, CARNFORTH, LA5 9XA - £145,000

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.

5 REDMAYNE DRIVE is a very small detached house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £214,483. It was last sold for £145,000 in October 2014, which was around 36% below the average October 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

5 REDMAYNE DRIVE Sold Prices

Land registry data shows one sale for 5 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
2014 2 OCT	£145,000	£224,937	36% below HPI

What might 5 REDMAYNE DRIVE be worth now?

5 REDMAYNE DRIVE might now be worth an estimated £214,483.

This is based on house price inflation of 47.9%, between October 2014 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 47.9% inflationary increase is applied to the most recent sale price for 5 REDMAYNE DRIVE of £145,000 on 2nd October 2014. For the value to have increased from £145,000 to £214,483 over the twelve years and six months to April 2026, the following assumptions must hold true:

• The value of 5 REDMAYNE DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The October 2014 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REDMAYNE DRIVE has not materially changed since October 2014.

How Large is 5 REDMAYNE DRIVE?

5 REDMAYNE DRIVE is 54m² according to the EPC inspection conducted in July 2015. 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 5 REDMAYNE DRIVE lies on this distribution: 1% of detached houses are smaller than 5 REDMAYNE DRIVE, and 99% of detached houses are larger. Note that EPC data is not available for all properties in Carnforth.

5 REDMAYNE DRIVE: Plot

5 REDMAYNE DRIVE sits on a plot of roughly 0.141 of an acre, or 570m².

Where is 5 REDMAYNE DRIVE?

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