18, STRICKLAND DRIVE, MORECAMBE, LA4 6TD - £159,950

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

18 STRICKLAND DRIVE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £159,950 in November 2019, which was around 41% below the average November 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

18 STRICKLAND DRIVE Sold Prices

Land registry data shows three sales for 18 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 18 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
2019 18 NOV	£159,950	£270,160	41% below HPI
2006 12 MAY	£154,950	£213,370	27% below HPI
2004 1 MAR	£94,950	£177,807	47% below HPI

18 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 18 STRICKLAND DRIVE sales between March 2004 and November 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 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 18 STRICKLAND DRIVE?

18 STRICKLAND DRIVE is 62m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 18 STRICKLAND DRIVE lies on this distribution: 4% of detached houses are smaller than 18 STRICKLAND DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

18 STRICKLAND DRIVE: Plot and Title Map

18 STRICKLAND DRIVE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 18 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 18 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 18 STRICKLAND DRIVE?

18 STRICKLAND DRIVE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 18 on STRICKLAND DRIVE.