18, PORTLAND DRIVE, MORECAMBE, LA3 3ND - £195,000

18 PORTLAND DRIVE is a midsized detached house of 99m², built sometime between 1991 and 1995. It was last sold for £195,000 in June 2014, which was around 16% below the average June 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

18 PORTLAND DRIVE Sold Prices

Land registry data shows four sales for 18 PORTLAND DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. two of the four 18 PORTLAND DRIVE sales were for below the average price, and four were for above 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 26 JUN	£195,000	£230,936	16% below HPI
2012 16 NOV	£182,500	£228,324	20% below HPI
1995 4 MAY	£87,950	£80,715	9% above HPI
1995 31 MAR	£90,000	£79,970	13% above HPI

18 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 four 18 PORTLAND DRIVE sales between March 1995 and June 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 November 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 18 PORTLAND DRIVE?

18 PORTLAND DRIVE is 99m² according to the EPC inspection conducted in August 2011. 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 18 PORTLAND DRIVE lies on this distribution: 45% of detached houses are smaller than 18 PORTLAND DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

18 PORTLAND DRIVE: Plot and Title Map

18 PORTLAND DRIVE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 18 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 18 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 18 PORTLAND DRIVE?

18 PORTLAND DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 18 on PORTLAND DRIVE.