11, WATLING CLOSE, MORECAMBE, LA3 3BG - £130,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 WATLING CLOSE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £130,500 in July 2003, which was around 15% below the average July 2003 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

11 WATLING CLOSE Sold Prices

Land registry data shows two sales for 11 WATLING CLOSE 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 WATLING CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2003 23 JUL	£130,500	£152,688	15% below HPI
2000 6 JUL	£90,500	£90,082	Close to HPI

11 WATLING CLOSE 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 WATLING CLOSE sales from July 2000 and July 2003 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 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2003 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 11 WATLING CLOSE?

11 WATLING CLOSE is 94m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% 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 WATLING CLOSE lies on this distribution: 39% of detached houses are smaller than 11 WATLING CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

11 WATLING CLOSE: Plot and Title Map

11 WATLING CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 11 WATLING CLOSE, 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 WATLING CLOSE). 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 WATLING CLOSE?

11 WATLING CLOSE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 11 on WATLING CLOSE.