1, MARDALE AVENUE, MORECAMBE, LA4 5XF - £149,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MARDALE AVENUE is a small detached house of 88m², built sometime between 1900 and 1929. It was last sold for £149,950 in July 2007, which was around 36% below the average July 2007 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

1 MARDALE AVENUE Sold Prices

Land registry data shows two sales for 1 MARDALE AVENUE 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. Both of the two 1 MARDALE AVENUE 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
2007 24 JUL	£149,950	£233,921	36% below HPI
1997 8 DEC	£42,000	£81,311	48% below HPI

1 MARDALE AVENUE 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 1 MARDALE AVENUE sales from December 1997 and July 2007 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 December 1997 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2007 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 MARDALE AVENUE?

1 MARDALE AVENUE is 88m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 1 MARDALE AVENUE lies on this distribution: 34% of detached houses are smaller than 1 MARDALE AVENUE, and 66% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

1 MARDALE AVENUE: Plot and Title Map

1 MARDALE AVENUE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 1 MARDALE AVENUE, 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 MARDALE AVENUE). 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 MARDALE AVENUE?

1 MARDALE AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 1 on MARDALE AVENUE.