34, CATHEDRAL DRIVE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RE - £365,000

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.

34 CATHEDRAL DRIVE is a large extended detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £366,110. It was last sold for £365,000 in May 2024, which was around 10% above the average May 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

34 CATHEDRAL DRIVE Sold Prices

Land registry data shows three sales for 34 CATHEDRAL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. One of the three 34 CATHEDRAL DRIVE sales was for above the average price, whilst two 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
2024 24 MAY	£365,000	£333,013	10% above HPI
2016 21 OCT	£178,000	£241,413	26% below HPI
1999 25 OCT	£84,950	£85,698	1% below HPI

34 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 three 34 CATHEDRAL DRIVE sales between October 1999 and May 2024 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 October 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2024 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 34 CATHEDRAL DRIVE be worth now?

34 CATHEDRAL DRIVE might now be worth an estimated £366,110.

This is based on house price inflation of 0.3%, between May 2024 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 0.3% inflationary increase is applied to the most recent sale price for 34 CATHEDRAL DRIVE of £365,000 on 24th May 2024. For the value to have increased from £365,000 to £366,110 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 34 CATHEDRAL DRIVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2024 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 34 CATHEDRAL DRIVE has not materially changed since May 2024.

How Large is 34 CATHEDRAL DRIVE?

34 CATHEDRAL DRIVE is 117m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 34 CATHEDRAL DRIVE lies on this distribution: 63% of detached houses houses are smaller than 34 CATHEDRAL DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

34 CATHEDRAL DRIVE: Plot and Title Map

34 CATHEDRAL DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 34 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 34 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 34 CATHEDRAL DRIVE?

34 CATHEDRAL DRIVE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 34 on CATHEDRAL DRIVE.