22, ELMS DRIVE, MORECAMBE, LA4 6DQ - £500,000

22 ELMS DRIVE is a very large extended detached house of 191m², built sometime between 1930 and 1949. It was last sold for £500,000 in February 2022, which was around 57% above the average February 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

22 ELMS DRIVE Sold Prices

Land registry data shows two sales for 22 ELMS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 22 ELMS DRIVE sales 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
2022 2 FEB	£500,000	£317,819	57% above HPI
2011 3 MAY	£260,000	£213,202	22% above HPI

22 ELMS 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 two 22 ELMS DRIVE sales from May 2011 and February 2022 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 May 2011 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2022 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 22 ELMS DRIVE?

22 ELMS DRIVE is 191m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 22 ELMS DRIVE lies on this distribution: 95% of detached houses are smaller than 22 ELMS DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

22 ELMS DRIVE: Plot and Title Map

22 ELMS DRIVE sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of 22 ELMS 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 22 ELMS 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 22 ELMS DRIVE?

22 ELMS DRIVE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 22 on ELMS DRIVE.