32, ROEBURN DRIVE, MORECAMBE, LA3 3RY - £117,500

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

32 ROEBURN DRIVE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £117,500 in December 2002, which was around 13% below the average December 2002 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

32 ROEBURN DRIVE Sold Prices

Land registry data shows two sales for 32 ROEBURN 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 32 ROEBURN 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
2002 18 DEC	£117,500	£135,124	13% below HPI
1995 26 MAY	£87,250	£80,715	8% above HPI

32 ROEBURN 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 32 ROEBURN DRIVE sales from May 1995 and December 2002 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 May 1995 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2002 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 32 ROEBURN DRIVE?

32 ROEBURN DRIVE is 94m² according to the EPC inspection conducted in November 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 32 ROEBURN DRIVE lies on this distribution: 39% of detached houses are smaller than 32 ROEBURN DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

32 ROEBURN DRIVE: Plot and Title Map

32 ROEBURN DRIVE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 32 ROEBURN 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 32 ROEBURN 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 32 ROEBURN DRIVE?

32 ROEBURN DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 32 on ROEBURN DRIVE.