15, HADRIAN ROAD, MORECAMBE, LA3 3BX - £181,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 HADRIAN ROAD is a small extended detached house of 85m², built sometime between 1991 and 1995. It was last sold for £181,000 in July 2006, which was around 17% below the average July 2006 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

15 HADRIAN ROAD Sold Prices

Land registry data shows four sales for 15 HADRIAN ROAD since 1^st 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 15 HADRIAN ROAD 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
2006 14 JUL	£181,000	£217,333	17% below HPI
2005 1 MAR	£144,500	£194,145	26% below HPI
2004 23 JAN	£126,000	£165,632	24% below HPI
2003 20 JUN	£99,950	£149,625	33% below HPI

15 HADRIAN ROAD 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 four 15 HADRIAN ROAD sales between June 2003 and July 2006 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 March 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2006 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 HADRIAN ROAD?

15 HADRIAN ROAD is 85m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 15 HADRIAN ROAD lies on this distribution: 32% of detached houses are smaller than 15 HADRIAN ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

15 HADRIAN ROAD: Plot and Title Map

15 HADRIAN ROAD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 15 HADRIAN ROAD, 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 15 HADRIAN ROAD). 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 15 HADRIAN ROAD?

15 HADRIAN ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 15 on HADRIAN ROAD.