Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
11 HAPPY MOUNT DRIVE is a large extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £340,000 in September 2021, which was around 15% above the average September 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 11 HAPPY MOUNT DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 11 HAPPY MOUNT 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 |
---|---|---|---|
2021 13 SEP | £340,000 | £295,669 | 15% above HPI |
2019 6 DEC | £300,000 | £268,791 | 12% above HPI |
2003 14 MAR | £159,000 | £131,597 | 21% above HPI |
2002 30 SEP | £158,000 | £126,911 | 24% above HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The four 11 HAPPY MOUNT DRIVE sales between September 2002 and September 2021 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 December 2019 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
11 HAPPY MOUNT DRIVE is 118m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 11 HAPPY MOUNT DRIVE lies on this distribution: 64% of detached houses are smaller than 11 HAPPY MOUNT DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Morecambe.
11 HAPPY MOUNT DRIVE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 11 HAPPY MOUNT 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 11 HAPPY MOUNT 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.
11 HAPPY MOUNT DRIVE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 11 on HAPPY MOUNT DRIVE.