5, LAWNSWOOD DRIVE, MORECAMBE, LA3 3LU - £224,950

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

5 LAWNSWOOD DRIVE is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £224,950 in July 2017, which was around 9% below the average July 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

5 LAWNSWOOD DRIVE Sold Prices

Land registry data shows three sales for 5 LAWNSWOOD 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 5 LAWNSWOOD 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
2017 10 JUL	£224,950	£246,561	9% below HPI
2016 30 MAR	£140,000	£237,955	41% below HPI
1996 23 AUG	£69,000	£78,615	12% below HPI

5 LAWNSWOOD 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 5 LAWNSWOOD DRIVE sales between August 1996 and July 2017 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 March 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 LAWNSWOOD DRIVE?

5 LAWNSWOOD DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 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 5 LAWNSWOOD DRIVE lies on this distribution: 69% of detached houses are smaller than 5 LAWNSWOOD DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

5 LAWNSWOOD DRIVE: Plot and Title Map

5 LAWNSWOOD DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 5 LAWNSWOOD 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 5 LAWNSWOOD 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 5 LAWNSWOOD DRIVE?

5 LAWNSWOOD DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 5 on LAWNSWOOD DRIVE.