4, LUNE DRIVE, MORECAMBE, LA3 3RZ - £220,000

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

4 LUNE DRIVE is a midsized detached house of 107m², built sometime between 1983 and 1990. It was last sold for £220,000 in July 2018, which was around 13% below the average July 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

4 LUNE DRIVE Sold Prices

Land registry data shows two sales for 4 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 4 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 5 JUL	£220,000	£253,927	13% below HPI
2007 16 NOV	£215,000	£254,930	16% below HPI

4 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 4 LUNE DRIVE sales from November 2007 and July 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 November 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 LUNE DRIVE?

4 LUNE DRIVE is 107m² according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 4 LUNE DRIVE lies on this distribution: 53% of detached houses are smaller than 4 LUNE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

4 LUNE DRIVE: Plot and Title Map

4 LUNE DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 4 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 4 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 4 LUNE DRIVE?

4 LUNE DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 4 on LUNE DRIVE.