18, CATHEDRAL DRIVE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RE - £225,000

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.

18 CATHEDRAL DRIVE is a midsized extended detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £300,675. It was last sold for £225,000 in April 2019, which was around 10% below the average April 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

18 CATHEDRAL DRIVE Sold Prices

Land registry data shows four sales for 18 CATHEDRAL DRIVE 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. One of the four 18 CATHEDRAL DRIVE sales was for below the average price, whilst two 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
2019 11 APR	£225,000	£249,957	10% below HPI
2012 23 MAY	£210,000	£210,842	Close to HPI
2001 28 NOV	£112,000	£104,401	7% above HPI
1997 26 SEP	£103,000	£79,034	30% above HPI

18 CATHEDRAL 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 four 18 CATHEDRAL DRIVE sales between September 1997 and April 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 May 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 18 CATHEDRAL DRIVE be worth now?

18 CATHEDRAL DRIVE might now be worth an estimated £300,675.

This is based on house price inflation of 33.6%, between April 2019 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 33.6% inflationary increase is applied to the most recent sale price for 18 CATHEDRAL DRIVE of £225,000 on 11th April 2019. For the value to have increased from £225,000 to £300,675 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 18 CATHEDRAL DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The April 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CATHEDRAL DRIVE has not materially changed since April 2019.

How Large is 18 CATHEDRAL DRIVE?

18 CATHEDRAL DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% 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 18 CATHEDRAL DRIVE lies on this distribution: 45% of detached houses houses are smaller than 18 CATHEDRAL DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

18 CATHEDRAL DRIVE: Plot and Title Map

18 CATHEDRAL DRIVE sits on a plot of roughly 0.589 of an acre, or 2,383m². The below map shows the location of 18 CATHEDRAL 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 18 CATHEDRAL 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 18 CATHEDRAL DRIVE?

18 CATHEDRAL DRIVE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 18 on CATHEDRAL DRIVE.