42, HADRIAN ROAD, MORECAMBE, LA3 3BX - £130,000

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

42 HADRIAN ROAD is a small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £130,000 in December 2003, which was around 20% below the average December 2003 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

42 HADRIAN ROAD Sold Prices

Land registry data shows two sales for 42 HADRIAN ROAD 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 42 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
2003 12 DEC	£130,000	£161,819	20% below HPI
2000 8 DEC	£84,500	£98,227	14% below HPI

42 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 two 42 HADRIAN ROAD sales from December 2000 and December 2003 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 December 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2003 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 42 HADRIAN ROAD?

42 HADRIAN ROAD is 86m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 42 HADRIAN ROAD lies on this distribution: 32% of detached houses are smaller than 42 HADRIAN ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

42 HADRIAN ROAD: Plot and Title Map

42 HADRIAN ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 42 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 42 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 42 HADRIAN ROAD?

42 HADRIAN ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 42 on HADRIAN ROAD.