38, HADRIAN ROAD, MORECAMBE, LA3 3BX - £195,000

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

38 HADRIAN ROAD is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £195,000 in March 2009, which was around 4% below the average March 2009 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.

38 HADRIAN ROAD Sold Prices

Land registry data shows four sales for 38 HADRIAN ROAD 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. Most of the four 38 HADRIAN ROAD 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
2009 4 MAR	£195,000	£202,539	4% below HPI
2007 5 APR	£202,000	£223,819	10% below HPI
2003 15 APR	£147,000	£134,177	10% above HPI
2001 7 DEC	£103,950	£106,749	3% below HPI

38 HADRIAN ROAD 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 38 HADRIAN ROAD sales between December 2001 and March 2009 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 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2009 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 38 HADRIAN ROAD?

38 HADRIAN ROAD is 120m² according to the EPC inspection conducted in December 2012. 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 38 HADRIAN ROAD lies on this distribution: 67% of detached houses are smaller than 38 HADRIAN ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

38 HADRIAN ROAD: Plot and Title Map

38 HADRIAN ROAD sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 38 HADRIAN ROAD, 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 38 HADRIAN ROAD). 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 38 HADRIAN ROAD?

38 HADRIAN ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 38 on HADRIAN ROAD.