11, PRIORSGATE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RN - £184,000

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

11 PRIORSGATE is a midsized detached house of 99m², built sometime between 1991 and 1995. It was last sold for £184,000 in October 2012, which was around 20% below the average October 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

11 PRIORSGATE Sold Prices

Land registry data shows two sales for 11 PRIORSGATE 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 11 PRIORSGATE 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
2012 29 OCT	£184,000	£230,392	20% below HPI
2002 8 FEB	£85,500	£107,313	20% below HPI

11 PRIORSGATE 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 11 PRIORSGATE sales from February 2002 and October 2012 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 February 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2012 sale, which was also at 20% below the HPI.

How Large is 11 PRIORSGATE?

11 PRIORSGATE is 99m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 11 PRIORSGATE lies on this distribution: 45% of detached houses are smaller than 11 PRIORSGATE, and 55% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

11 PRIORSGATE: Plot and Title Map

11 PRIORSGATE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 11 PRIORSGATE, 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 11 PRIORSGATE). 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 11 PRIORSGATE?

11 PRIORSGATE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 11 on PRIORSGATE.