26, CATHEDRAL DRIVE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RE - £182,000

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

26 CATHEDRAL DRIVE is a large extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £182,000 in January 2018, which was around 29% below the average January 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

26 CATHEDRAL DRIVE Sold Prices

Land registry data shows two sales for 26 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. Both of the two 26 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
2018 26 JAN	£182,000	£254,736	29% below HPI
2004 10 DEC	£186,000	£206,263	10% below HPI

26 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 26 CATHEDRAL DRIVE sales from December 2004 and January 2018 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 December 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 26 CATHEDRAL DRIVE?

26 CATHEDRAL DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 26 CATHEDRAL DRIVE lies on this distribution: 67% of detached houses are smaller than 26 CATHEDRAL DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

26 CATHEDRAL DRIVE: Plot and Title Map

26 CATHEDRAL DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 26 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 26 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 26 CATHEDRAL DRIVE?

26 CATHEDRAL DRIVE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 26 on CATHEDRAL DRIVE.