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

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

30 CATHEDRAL DRIVE is a large extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £250,000 in August 2021, which was around 15% 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	£295,240	15% below HPI
2006 27 FEB	£177,000	£206,792	14% below HPI
2005 16 FEB	£168,000	£196,677	15% below HPI
2003 17 JUN	£142,500	£149,625	5% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 30 CATHEDRAL DRIVE lies on this distribution: 62% of detached 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.