43, LUNE DRIVE, MORECAMBE, LA3 3RZ - £150,000

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

43 LUNE DRIVE is a small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £150,000 in June 2004, which was around 21% below the average June 2004 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

43 LUNE DRIVE Sold Prices

Land registry data shows three sales for 43 LUNE 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 43 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
2004 21 JUN	£150,000	£190,790	21% below HPI
2002 22 NOV	£92,950	£132,759	30% below HPI
2000 31 AUG	£79,450	£91,558	13% below HPI

43 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 three 43 LUNE DRIVE sales between August 2000 and June 2004 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2004 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 43 LUNE DRIVE?

43 LUNE DRIVE is 79m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 43 LUNE DRIVE lies on this distribution: 24% of detached houses are smaller than 43 LUNE DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

43 LUNE DRIVE: Plot and Title Map

43 LUNE DRIVE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 43 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 43 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 43 LUNE DRIVE?

43 LUNE DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 43 on LUNE DRIVE.