30, CATHEDRAL DRIVE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RE - £250,000

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.

30 CATHEDRAL DRIVE is a large extended detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £291,583. It was last sold for £250,000 in August 2021, which was around 13% below the average August 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

30 CATHEDRAL DRIVE Sold Prices

Land registry data shows four sales for 30 CATHEDRAL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 30 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
2021 17 AUG	£250,000	£286,390	13% below HPI
2006 27 FEB	£177,000	£200,594	12% below HPI
2005 16 FEB	£168,000	£190,781	12% below HPI
2003 17 JUN	£142,500	£145,140	2% below HPI

30 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 four 30 CATHEDRAL DRIVE sales between June 2003 and August 2021 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 February 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 30 CATHEDRAL DRIVE be worth now?

30 CATHEDRAL DRIVE might now be worth an estimated £291,583.

This is based on house price inflation of 16.6%, between August 2021 and February 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 16.6% inflationary increase is applied to the most recent sale price for 30 CATHEDRAL DRIVE of £250,000 on 17th August 2021. For the value to have increased from £250,000 to £291,583 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 30 CATHEDRAL DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 30 CATHEDRAL DRIVE has not materially changed since August 2021.

How Large is 30 CATHEDRAL DRIVE?

30 CATHEDRAL DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 30 CATHEDRAL DRIVE lies on this distribution: 62% of detached houses houses are smaller than 30 CATHEDRAL DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

30 CATHEDRAL DRIVE: Plot and Title Map

30 CATHEDRAL DRIVE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 30 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 30 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 30 CATHEDRAL DRIVE?

30 CATHEDRAL DRIVE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 30 on CATHEDRAL DRIVE.