102, ALBERT ROAD, MORECAMBE, LA4 4QT - £150,000

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

102 ALBERT ROAD is a large extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £150,000 in October 2021, which was around 51% below the average October 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

102 ALBERT ROAD Sold Prices

Land registry data shows three sales for 102 ALBERT ROAD 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 102 ALBERT ROAD 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
2021 8 OCT	£150,000	£305,076	51% below HPI
2009 11 JUN	£61,000	£209,494	71% below HPI
2009 13 JAN	£52,000	£203,234	74% below HPI

102 ALBERT ROAD 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 102 ALBERT ROAD sales between January 2009 and October 2021 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 June 2009 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the October 2021 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 102 ALBERT ROAD?

102 ALBERT ROAD is 122m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 102 ALBERT ROAD lies on this distribution: 69% of detached houses are smaller than 102 ALBERT ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

102 ALBERT ROAD: Plot and Title Map

102 ALBERT ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 102 ALBERT ROAD, 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 102 ALBERT ROAD). 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 102 ALBERT ROAD?

102 ALBERT ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 102 on ALBERT ROAD.