8, ROEBURN DRIVE, MORECAMBE, LA3 3RY - £158,000

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

8 ROEBURN DRIVE is a small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £158,000 in July 2009, which was around 26% below the average July 2009 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

8 ROEBURN DRIVE Sold Prices

Land registry data shows three sales for 8 ROEBURN 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 8 ROEBURN 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
2009 24 JUL	£158,000	£214,484	26% below HPI
2002 28 AUG	£91,000	£123,269	26% below HPI
1996 10 DEC	£73,950	£78,831	6% below HPI

8 ROEBURN 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 8 ROEBURN DRIVE sales between December 1996 and July 2009 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 August 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2009 sale, which was also at 26% below the HPI.

How Large is 8 ROEBURN DRIVE?

8 ROEBURN DRIVE is 77m² according to the EPC inspection conducted in November 2008. 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 8 ROEBURN DRIVE lies on this distribution: 22% of detached houses are smaller than 8 ROEBURN DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

8 ROEBURN DRIVE: Plot and Title Map

8 ROEBURN DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 8 ROEBURN 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 8 ROEBURN 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 8 ROEBURN DRIVE?

8 ROEBURN DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 8 on ROEBURN DRIVE.