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
48 MORETON DRIVE is a small extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £240,000 in October 2020, which was around 22% below the average October 2020 detached price in the Fylde local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 48 MORETON DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fylde local authority area for the corresponding sale date. All of the three 48 MORETON 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 |
---|---|---|---|
2020 30 OCT | £240,000 | £308,249 | 22% below HPI |
2015 13 APR | £211,000 | £257,659 | 18% below HPI |
2005 8 JUL | £192,500 | £250,916 | 23% below HPI |
The below graph shows the average detached house price in the Fylde local authority area over time, sourced from the HPI. The three 48 MORETON DRIVE sales between July 2005 and October 2020 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 April 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
48 MORETON DRIVE is 116m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Staining, based on EPC data. The below chart shows the distribution of detached houses by size in Staining, and where 48 MORETON DRIVE lies on this distribution: 39% of detached houses are smaller than 48 MORETON DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Staining.
48 MORETON DRIVE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 48 MORETON 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 48 MORETON 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.
48 MORETON DRIVE is located in STAINING, in the FY3 postcode district. The below map shows the position of No. 48 on MORETON DRIVE.