21, CATHEDRAL DRIVE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RE - £175,000

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

21 CATHEDRAL DRIVE is a large detached house of 126m², built sometime between 1991 and 1995. It was last sold for £175,000 in July 2004, which was around 11% below the average July 2004 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

21 CATHEDRAL DRIVE Sold Prices

Land registry data shows two sales for 21 CATHEDRAL 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. One of the two 21 CATHEDRAL DRIVE sales was for below the average price, whilst the other was 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 1 JUL	£175,000	£195,728	11% below HPI
1996 16 AUG	£79,700	£78,615	1% above HPI

21 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 two 21 CATHEDRAL DRIVE sales from August 1996 and July 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 August 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2004 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 21 CATHEDRAL DRIVE?

21 CATHEDRAL DRIVE is 126m² according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 21 CATHEDRAL DRIVE lies on this distribution: 73% of detached houses are smaller than 21 CATHEDRAL DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

21 CATHEDRAL DRIVE: Plot and Title Map

21 CATHEDRAL DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 21 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 21 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 21 CATHEDRAL DRIVE?

21 CATHEDRAL DRIVE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 21 on CATHEDRAL DRIVE.