91, GRAYRIGG DRIVE, MORECAMBE, LA4 4UL - £35,500

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.

91 GRAYRIGG DRIVE is a very small semi-detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £123,758. It was last sold for £35,500 in February 2002, which was around 42% below the average February 2002 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was C.

91 GRAYRIGG DRIVE Sold Prices

Land registry data shows two sales for 91 GRAYRIGG DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 91 GRAYRIGG 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
2002 7 FEB	£35,500	£61,712	42% below HPI
2000 2 AUG	£29,000	£52,803	45% below HPI

91 GRAYRIGG 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 two 91 GRAYRIGG DRIVE sales from August 2000 and February 2002 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 August 2000 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2002 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 91 GRAYRIGG DRIVE be worth now?

91 GRAYRIGG DRIVE might now be worth an estimated £123,758.

This is based on house price inflation of 248.6%, between February 2002 and May 2026, 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 248.6% inflationary increase is applied to the most recent sale price for 91 GRAYRIGG DRIVE of £35,500 on 7th February 2002. For the value to have increased from £35,500 to £123,758 over the 23 years and nine months to May 2026, the following assumptions must hold true:

• The value of 91 GRAYRIGG DRIVE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The February 2002 sale price of £35,500 represented a fair market value for the property.
• The size, condition, and specification of 91 GRAYRIGG DRIVE has not materially changed since February 2002.

How Large is 91 GRAYRIGG DRIVE?

91 GRAYRIGG DRIVE is 57m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 91 GRAYRIGG DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 91 GRAYRIGG DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

91 GRAYRIGG DRIVE: Plot and Title Map

91 GRAYRIGG DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 91 GRAYRIGG 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 91 GRAYRIGG 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 91 GRAYRIGG DRIVE?

91 GRAYRIGG DRIVE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 91 on GRAYRIGG DRIVE.