116, LOW LANE, MORECAMBE, LA4 6PR - £180,000

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.

116 LOW LANE is a very large detached house of 174m², built sometime between 1930 and 1949, which could now be worth an estimated £238,081. It was last sold for £180,000 in August 2018, which was around 29% below the average August 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

116 LOW LANE Sold Prices

Land registry data shows two sales for 116 LOW LANE 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 116 LOW LANE 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
2018 22 AUG	£180,000	£252,539	29% below HPI
2005 12 MAY	£112,000	£195,351	43% below HPI

116 LOW LANE 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 116 LOW LANE sales from May 2005 and August 2018 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 May 2005 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 116 LOW LANE be worth now?

116 LOW LANE might now be worth an estimated £238,081.

This is based on house price inflation of 32.3%, between August 2018 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 32.3% inflationary increase is applied to the most recent sale price for 116 LOW LANE of £180,000 on 22nd August 2018. For the value to have increased from £180,000 to £238,081 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 116 LOW LANE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 116 LOW LANE has not materially changed since August 2018.

How Large is 116 LOW LANE?

116 LOW LANE is 174m² according to the EPC inspection conducted in April 2015. This puts it in the largest 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 116 LOW LANE lies on this distribution: 92% of detached houses houses are smaller than 116 LOW LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

116 LOW LANE: Plot and Title Map

116 LOW LANE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 116 LOW LANE, 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 116 LOW LANE). 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 116 LOW LANE?

116 LOW LANE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 116 on LOW LANE.