28, PORTLAND DRIVE, MORECAMBE, LA3 3ND - £176,500

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

28 PORTLAND DRIVE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £176,500 in May 2018, which was around 29% below the average May 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

28 PORTLAND DRIVE Sold Prices

Land registry data shows two sales for 28 PORTLAND 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 28 PORTLAND 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 11 MAY	£176,500	£248,522	29% below HPI
2012 23 APR	£175,000	£220,679	21% below HPI

28 PORTLAND 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 28 PORTLAND DRIVE sales from April 2012 and May 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 April 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 28 PORTLAND DRIVE?

28 PORTLAND DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 28 PORTLAND DRIVE lies on this distribution: 36% of detached houses are smaller than 28 PORTLAND DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

28 PORTLAND DRIVE: Plot and Title Map

28 PORTLAND DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 28 PORTLAND 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 28 PORTLAND 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 28 PORTLAND DRIVE?

28 PORTLAND DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 28 on PORTLAND DRIVE.