41, ROEBURN DRIVE, MORECAMBE, LA3 3RY - £184,000

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

41 ROEBURN DRIVE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £184,000 in June 2021, which was around 37% below the average June 2021 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.

41 ROEBURN DRIVE Sold Prices

Land registry data shows three sales for 41 ROEBURN 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. All of the three 41 ROEBURN 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
2021 11 JUN	£184,000	£293,977	37% below HPI
2005 5 AUG	£142,000	£211,629	33% below HPI
1998 27 NOV	£77,950	£83,709	7% below HPI

41 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 three 41 ROEBURN DRIVE sales between November 1998 and June 2021 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 August 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 41 ROEBURN DRIVE?

41 ROEBURN DRIVE is 68m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 41 ROEBURN DRIVE lies on this distribution: 9% of detached houses are smaller than 41 ROEBURN DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

41 ROEBURN DRIVE: Plot and Title Map

41 ROEBURN DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 41 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 41 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 41 ROEBURN DRIVE?

41 ROEBURN DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 41 on ROEBURN DRIVE.