10, CHESTER CLOSE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RF - £124,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

10 CHESTER CLOSE is a very small semi-detached house of 68m², built sometime between 1991 and 1995. It was last sold for £124,000 in June 2018, which was around 51% below the average June 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

10 CHESTER CLOSE Sold Prices

Land registry data shows three sales for 10 CHESTER CLOSE 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. All of the three 10 CHESTER CLOSE 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
2018 8 JUN	£124,000	£252,167	51% below HPI
2001 24 AUG	£51,500	£102,910	50% below HPI
1995 8 DEC	£55,000	£79,951	31% below HPI

10 CHESTER CLOSE 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 10 CHESTER CLOSE sales between December 1995 and June 2018 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 2001 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2018 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 10 CHESTER CLOSE?

10 CHESTER CLOSE is 68m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 10 CHESTER CLOSE lies on this distribution: 10% of detached houses are smaller than 10 CHESTER CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

10 CHESTER CLOSE: Plot and Title Map

10 CHESTER CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 10 CHESTER CLOSE, 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 10 CHESTER CLOSE). 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 10 CHESTER CLOSE?

10 CHESTER CLOSE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 10 on CHESTER CLOSE.