1, CLEVELANDS GROVE, MORECAMBE, LA3 1SY - £169,000

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.

1 CLEVELANDS GROVE is a very large extended detached house of 162m², built sometime between 1930 and 1949, which could now be worth an estimated £236,962. It was last sold for £169,000 in August 2016, which was around 29% below the average August 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

1 CLEVELANDS GROVE Sold Prices

Land registry data shows three sales for 1 CLEVELANDS GROVE 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 1 CLEVELANDS GROVE 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
2016 16 AUG	£169,000	£238,226	29% below HPI
2004 28 MAY	£140,000	£180,096	22% below HPI
1999 6 DEC	£132,000	£86,394	53% above HPI

1 CLEVELANDS GROVE 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 1 CLEVELANDS GROVE sales between December 1999 and August 2016 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 May 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 CLEVELANDS GROVE be worth now?

1 CLEVELANDS GROVE might now be worth an estimated £236,962.

This is based on house price inflation of 40.2%, between August 2016 and February 2025, for 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 40.2% inflationary increase is applied to the most recent sale price for 1 CLEVELANDS GROVE of £169,000 on 16th August 2016. For the value to have increased from £169,000 to £236,962 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 1 CLEVELANDS GROVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2016 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CLEVELANDS GROVE has not materially changed since August 2016.

How Large is 1 CLEVELANDS GROVE?

1 CLEVELANDS GROVE is 162m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morecambe, and where 1 CLEVELANDS GROVE lies on this distribution: 88% of detached houses houses are smaller than 1 CLEVELANDS GROVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

1 CLEVELANDS GROVE: Plot and Title Map

1 CLEVELANDS GROVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 1 CLEVELANDS GROVE, 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 1 CLEVELANDS GROVE). 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 1 CLEVELANDS GROVE?

1 CLEVELANDS GROVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 1 on CLEVELANDS GROVE.