5, SCOWCROFT DRIVE, MORECAMBE, LA4 6SG - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 SCOWCROFT DRIVE is a midsized semi-detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £335,205. It was last sold for £265,000 in July 2020, which was around 62% above the average July 2020 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

5 SCOWCROFT DRIVE Sold Prices

Land registry data shows three sales for 5 SCOWCROFT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the three 5 SCOWCROFT 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
2020 31 JUL	£265,000	£163,605	62% above HPI
2002 6 SEP	£115,000	£73,505	56% above HPI
2001 21 DEC	£62,500	£61,442	2% above HPI

5 SCOWCROFT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 5 SCOWCROFT DRIVE sales between December 2001 and July 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 September 2002 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2020 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 5 SCOWCROFT DRIVE be worth now?

5 SCOWCROFT DRIVE might now be worth an estimated £335,205.

This is based on house price inflation of 26.5%, between July 2020 and June 2025, for semi-detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.5% inflationary increase is applied to the most recent sale price for 5 SCOWCROFT DRIVE of £265,000 on 31st July 2020. For the value to have increased from £265,000 to £335,205 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 5 SCOWCROFT DRIVE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The July 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SCOWCROFT DRIVE has not materially changed since July 2020.

How Large is 5 SCOWCROFT DRIVE?

5 SCOWCROFT DRIVE is 103m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of semi-detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morecambe, and where 5 SCOWCROFT DRIVE lies on this distribution: 48% of semi-detached houses houses are smaller than 5 SCOWCROFT DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

5 SCOWCROFT DRIVE: Plot and Title Map

5 SCOWCROFT DRIVE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 5 SCOWCROFT 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 5 SCOWCROFT 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 5 SCOWCROFT DRIVE?

5 SCOWCROFT DRIVE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 5 on SCOWCROFT DRIVE.