39, LUNE DRIVE, MORECAMBE, LA3 3RZ - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

39 LUNE DRIVE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £155,000 in August 2018, which was around 40% below the average August 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

39 LUNE DRIVE Sold Prices

Land registry data shows two sales for 39 LUNE 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. Both of the two 39 LUNE 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
2018 24 AUG	£155,000	£260,343	40% below HPI
2000 31 MAR	£70,950	£88,285	20% below HPI

39 LUNE 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 39 LUNE DRIVE sales from March 2000 and August 2018 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 March 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 39 LUNE DRIVE?

39 LUNE DRIVE is 76m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 39 LUNE DRIVE lies on this distribution: 19% of detached houses are smaller than 39 LUNE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

39 LUNE DRIVE: Plot and Title Map

39 LUNE DRIVE sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 39 LUNE 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 39 LUNE 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 39 LUNE DRIVE?

39 LUNE DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 39 on LUNE DRIVE.