11, SOUTH ROAD, MORECAMBE, LA4 5RB - £160,000

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 SOUTH ROAD is a very large detached house of 207m², built sometime before 1900. It was last sold for £160,000 in September 2015, which was around 33% below the average September 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2014, where the current energy rating was F, and the potential energy rating was D.

11 SOUTH ROAD Sold Prices

Land registry data shows two sales for 11 SOUTH 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 11 SOUTH ROAD sales was for below the average price, whilst the other was for above 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
2015 11 SEP	£160,000	£239,826	33% below HPI
1997 5 DEC	£95,000	£81,311	17% above HPI

11 SOUTH 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 11 SOUTH ROAD sales from December 1997 and September 2015 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 11 SOUTH ROAD?

11 SOUTH ROAD is 207m² according to the EPC inspection conducted in August 2014. 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 11 SOUTH ROAD lies on this distribution: 97% of detached houses are smaller than 11 SOUTH ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

11 SOUTH ROAD: Plot and Title Map

11 SOUTH ROAD sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 11 SOUTH 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 11 SOUTH 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 11 SOUTH ROAD?

11 SOUTH ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 11 on SOUTH ROAD.