19, CATHEDRAL DRIVE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RE - £262,500

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.

19 CATHEDRAL DRIVE is a small extended detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £265,641. It was last sold for £262,500 in July 2022, which was around 18% below the average July 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

19 CATHEDRAL DRIVE Sold Prices

Land registry data shows five sales for 19 CATHEDRAL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the five 19 CATHEDRAL 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
2022 6 JUL	£262,500	£318,271	18% below HPI
2006 20 OCT	£157,000	£219,463	28% below HPI
2004 30 SEP	£149,950	£196,153	24% below HPI
2003 17 MAR	£105,000	£127,652	18% below HPI
2001 27 APR	£75,000	£91,958	18% below HPI

19 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 five 19 CATHEDRAL DRIVE sales between April 2001 and July 2022 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 19 CATHEDRAL DRIVE be worth now?

19 CATHEDRAL DRIVE might now be worth an estimated £265,641.

This is based on house price inflation of 1.2%, between July 2022 and June 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 1.2% inflationary increase is applied to the most recent sale price for 19 CATHEDRAL DRIVE of £262,500 on 6th July 2022. For the value to have increased from £262,500 to £265,641 over the three years and one month to June 2025, the following assumptions must hold true:

• The value of 19 CATHEDRAL DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2022 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 19 CATHEDRAL DRIVE has not materially changed since July 2022.

How Large is 19 CATHEDRAL DRIVE?

19 CATHEDRAL DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% 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 19 CATHEDRAL DRIVE lies on this distribution: 31% of detached houses houses are smaller than 19 CATHEDRAL DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

19 CATHEDRAL DRIVE: Plot and Title Map

19 CATHEDRAL DRIVE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 19 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 19 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 19 CATHEDRAL DRIVE?

19 CATHEDRAL DRIVE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 19 on CATHEDRAL DRIVE.