17, CHESTNUT DRIVE, MORECAMBE, LA4 6HN - £305,000

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

17 CHESTNUT DRIVE is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £305,000 in September 2023, which was around 14% below the average September 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

17 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 17 CHESTNUT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 17 CHESTNUT 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
2023 11 SEP	£305,000	£355,534	14% below HPI
2006 26 SEP	£182,500	£225,632	19% below HPI

17 CHESTNUT 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 two 17 CHESTNUT DRIVE sales from September 2006 and September 2023 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 September 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 17 CHESTNUT DRIVE?

17 CHESTNUT DRIVE is 93m², 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 17 CHESTNUT DRIVE lies on this distribution: 37% of detached houses are smaller than 17 CHESTNUT DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

17 CHESTNUT DRIVE: Plot and Title Map

17 CHESTNUT DRIVE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 17 CHESTNUT 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 17 CHESTNUT 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 17 CHESTNUT DRIVE?

17 CHESTNUT DRIVE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 17 on CHESTNUT DRIVE.