15, LUNE DRIVE, MORECAMBE, LA3 3RZ - £213,000

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

15 LUNE DRIVE is a midsized detached house of 108m², built sometime between 1991 and 1995. It was last sold for £213,000 in March 2019, which was around 18% below the average March 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

15 LUNE DRIVE Sold Prices

Land registry data shows three sales for 15 LUNE 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 15 LUNE 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
2019 8 MAR	£213,000	£259,654	18% below HPI
2001 2 MAR	£77,500	£95,451	19% below HPI
1997 7 NOV	£79,000	£81,593	3% below HPI

15 LUNE 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 15 LUNE DRIVE sales between November 1997 and March 2019 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 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 LUNE DRIVE?

15 LUNE DRIVE is 108m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% 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 LUNE DRIVE lies on this distribution: 54% of detached houses are smaller than 15 LUNE DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

15 LUNE DRIVE: Plot and Title Map

15 LUNE DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 15 LUNE 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 15 LUNE 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 15 LUNE DRIVE?

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