23, CATHEDRAL DRIVE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RE - £232,000

23 CATHEDRAL DRIVE is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £232,000 in June 2022, which was around 29% below the average June 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was B.

23 CATHEDRAL DRIVE Sold Prices

Land registry data shows three sales for 23 CATHEDRAL 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. Two of the three 23 CATHEDRAL DRIVE sales were for below the average price, whilst one was 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 29 JUN	£232,000	£327,975	29% below HPI
2015 9 JAN	£143,000	£228,023	37% below HPI
1996 13 DEC	£80,000	£78,831	1% above HPI

23 CATHEDRAL 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 23 CATHEDRAL DRIVE sales between December 1996 and June 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 January 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 23 CATHEDRAL DRIVE?

23 CATHEDRAL DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 23 CATHEDRAL DRIVE lies on this distribution: 34% of detached houses are smaller than 23 CATHEDRAL DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

23 CATHEDRAL DRIVE: Plot and Title Map

23 CATHEDRAL DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 23 CATHEDRAL 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 23 CATHEDRAL 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 23 CATHEDRAL DRIVE?

23 CATHEDRAL DRIVE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 23 on CATHEDRAL DRIVE.