40, ROEBURN DRIVE, MORECAMBE, LA3 3RY - £174,000

40 ROEBURN DRIVE is a midsized detached house of 99m², built sometime between 1996 and 2002. It was last sold for £174,000 in September 2011, which was around 22% below the average September 2011 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

40 ROEBURN DRIVE Sold Prices

Land registry data shows two sales for 40 ROEBURN 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. One of the two 40 ROEBURN DRIVE sales was for below the average price, whilst the other 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
2011 26 SEP	£174,000	£223,044	22% below HPI
1998 12 JUN	£86,950	£82,436	5% above HPI

40 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 two 40 ROEBURN DRIVE sales from June 1998 and September 2011 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 June 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 40 ROEBURN DRIVE?

40 ROEBURN DRIVE is 99m² according to the EPC inspection conducted in September 2010. 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 40 ROEBURN DRIVE lies on this distribution: 45% of detached houses are smaller than 40 ROEBURN DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

40 ROEBURN DRIVE: Plot and Title Map

40 ROEBURN DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 40 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 40 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 40 ROEBURN DRIVE?

40 ROEBURN DRIVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 40 on ROEBURN DRIVE.