2, ROEBURN DRIVE, MORECAMBE, LA3 3RY - £185,000

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

2 ROEBURN DRIVE is a very large extended detached house of 203m², built sometime between 1991 and 1995. It was last sold for £185,000 in January 2004, which was around 12% above the average January 2004 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

2 ROEBURN DRIVE Sold Prices

Land registry data shows three sales for 2 ROEBURN 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 2 ROEBURN DRIVE sales 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
2004 30 JAN	£185,000	£165,632	12% above HPI
2000 26 OCT	£110,000	£96,144	14% above HPI
1998 21 APR	£94,000	£83,616	12% above HPI

2 ROEBURN 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 2 ROEBURN DRIVE sales between April 1998 and January 2004 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 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2004 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 ROEBURN DRIVE?

2 ROEBURN DRIVE is 203m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 2 ROEBURN DRIVE lies on this distribution: 96% of detached houses are smaller than 2 ROEBURN DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

2 ROEBURN DRIVE: Plot and Title Map

2 ROEBURN DRIVE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 2 ROEBURN 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 2 ROEBURN 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 2 ROEBURN DRIVE?

2 ROEBURN DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 2 on ROEBURN DRIVE.