11, WAKEFIELD AVENUE, MORECAMBE, LA4 6DY - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 WAKEFIELD AVENUE is a very small detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £257,627. It was last sold for £250,000 in September 2022, which was around 23% below the average September 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

11 WAKEFIELD AVENUE Sold Prices

Land registry data shows three sales for 11 WAKEFIELD AVENUE 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 11 WAKEFIELD AVENUE 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
2022 29 SEP	£250,000	£324,137	23% below HPI
2009 22 DEC	£175,000	£218,641	20% below HPI
1996 16 AUG	£68,000	£76,259	11% below HPI

11 WAKEFIELD AVENUE 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 11 WAKEFIELD AVENUE sales between August 1996 and September 2022 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 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 11 WAKEFIELD AVENUE be worth now?

11 WAKEFIELD AVENUE might now be worth an estimated £257,627.

This is based on house price inflation of 3.1%, between September 2022 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% inflationary increase is applied to the most recent sale price for 11 WAKEFIELD AVENUE of £250,000 on 29th September 2022. For the value to have increased from £250,000 to £257,627 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 WAKEFIELD AVENUE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The September 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 11 WAKEFIELD AVENUE has not materially changed since September 2022.

How Large is 11 WAKEFIELD AVENUE?

11 WAKEFIELD AVENUE is 66m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morecambe, and where 11 WAKEFIELD AVENUE lies on this distribution: 8% of detached houses houses are smaller than 11 WAKEFIELD AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

11 WAKEFIELD AVENUE: Plot and Title Map

11 WAKEFIELD AVENUE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 11 WAKEFIELD AVENUE, 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 WAKEFIELD AVENUE). 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 WAKEFIELD AVENUE?

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