34, LUNE DRIVE, MORECAMBE, LA3 3RZ - £240,000

34 LUNE DRIVE is a large detached house of 125m², built sometime between 1996 and 2002. It was last sold for £240,000 in September 2020, which was around 15% below the average September 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

34 LUNE DRIVE Sold Prices

Land registry data shows four sales for 34 LUNE 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. All of the four 34 LUNE 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
2020 9 SEP	£240,000	£282,906	15% below HPI
2019 18 JAN	£217,500	£257,668	16% below HPI
2008 14 NOV	£187,000	£225,282	17% below HPI
1999 18 NOV	£87,450	£89,597	2% below HPI

34 LUNE 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 34 LUNE DRIVE sales between November 1999 and September 2020 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 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 34 LUNE DRIVE?

34 LUNE DRIVE is 125m² according to the EPC inspection conducted in October 2018. 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 34 LUNE DRIVE lies on this distribution: 72% of detached houses are smaller than 34 LUNE DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

34 LUNE DRIVE: Plot and Title Map

34 LUNE DRIVE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 34 LUNE 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 34 LUNE 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 34 LUNE DRIVE?

34 LUNE DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 34 on LUNE DRIVE.