47, PORTLAND DRIVE, MORECAMBE, LA3 3ND - £170,000

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

47 PORTLAND DRIVE is a midsized detached house of 96m², built sometime between 1983 and 1990. It was last sold for £170,000 in December 2014, which was around 26% below the average December 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

47 PORTLAND DRIVE Sold Prices

Land registry data shows three sales for 47 PORTLAND 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 47 PORTLAND 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
2014 10 DEC	£170,000	£229,246	26% below HPI
2002 19 SEP	£105,000	£126,911	17% below HPI
1996 19 MAR	£62,500	£74,723	16% below HPI

47 PORTLAND 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 47 PORTLAND DRIVE sales between March 1996 and December 2014 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 September 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 47 PORTLAND DRIVE?

47 PORTLAND DRIVE is 96m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 47 PORTLAND DRIVE lies on this distribution: 41% of detached houses are smaller than 47 PORTLAND DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

47 PORTLAND DRIVE: Plot and Title Map

47 PORTLAND DRIVE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 47 PORTLAND 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 47 PORTLAND 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 47 PORTLAND DRIVE?

47 PORTLAND DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 47 on PORTLAND DRIVE.