12, STRICKLAND DRIVE, MORECAMBE, LA4 6TB - £202,000

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.

12 STRICKLAND DRIVE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £282,200. It was last sold for £202,000 in September 2017, which was around 16% below the average September 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

12 STRICKLAND DRIVE Sold Prices

Land registry data shows three sales for 12 STRICKLAND DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 12 STRICKLAND 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
2017 6 SEP	£202,000	£239,097	16% below HPI
2013 16 DEC	£160,000	£216,934	26% below HPI
2004 23 JAN	£140,000	£160,668	13% below HPI

12 STRICKLAND 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 three 12 STRICKLAND DRIVE sales between January 2004 and September 2017 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 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 12 STRICKLAND DRIVE be worth now?

12 STRICKLAND DRIVE might now be worth an estimated £282,200.

This is based on house price inflation of 39.7%, between September 2017 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 39.7% inflationary increase is applied to the most recent sale price for 12 STRICKLAND DRIVE of £202,000 on 6th September 2017. For the value to have increased from £202,000 to £282,200 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 STRICKLAND DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The September 2017 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 12 STRICKLAND DRIVE has not materially changed since September 2017.

How Large is 12 STRICKLAND DRIVE?

12 STRICKLAND DRIVE is 66m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morecambe, and where 12 STRICKLAND DRIVE lies on this distribution: 8% of detached houses houses are smaller than 12 STRICKLAND DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

12 STRICKLAND DRIVE: Plot and Title Map

12 STRICKLAND DRIVE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 12 STRICKLAND 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 12 STRICKLAND 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 12 STRICKLAND DRIVE?

12 STRICKLAND DRIVE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 12 on STRICKLAND DRIVE.