103, BALMORAL ROAD, MORECAMBE, LA3 1SS - £325,000

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

103 BALMORAL ROAD is a very large extended detached house of 305m², built sometime before 1900. It was last sold for £325,000 in March 2021, which was around 11% above the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

103 BALMORAL ROAD Sold Prices

Land registry data shows two sales for 103 BALMORAL ROAD 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. One of the two 103 BALMORAL ROAD sales was for above the average price, whilst the other was 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 15 MAR	£325,000	£293,206	11% above HPI
2001 27 JUL	£75,000	£100,222	25% below HPI

103 BALMORAL 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 two 103 BALMORAL ROAD sales from July 2001 and March 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 July 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 103 BALMORAL ROAD?

103 BALMORAL ROAD is 305m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 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 103 BALMORAL ROAD lies on this distribution: More than 99% of detached houses are smaller than 103 BALMORAL ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

103 BALMORAL ROAD: Plot and Title Map

103 BALMORAL ROAD sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 103 BALMORAL 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 103 BALMORAL 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 103 BALMORAL ROAD?

103 BALMORAL ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 103 on BALMORAL ROAD.