12, PARSONAGE CLOSE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RH - £235,000

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

12 PARSONAGE CLOSE is a midsized extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £235,000 in March 2022, which was around 25% below the average March 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

12 PARSONAGE CLOSE Sold Prices

Land registry data shows three sales for 12 PARSONAGE CLOSE 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 12 PARSONAGE CLOSE 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 3 MAR	£235,000	£314,669	25% below HPI
2020 2 SEP	£189,000	£282,906	33% below HPI
1998 12 MAR	£79,950	£81,844	2% below HPI

12 PARSONAGE 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 three 12 PARSONAGE CLOSE sales between March 1998 and March 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 September 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 PARSONAGE CLOSE?

12 PARSONAGE CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 12 PARSONAGE CLOSE lies on this distribution: 46% of detached houses are smaller than 12 PARSONAGE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

12 PARSONAGE CLOSE: Plot and Title Map

12 PARSONAGE CLOSE sits on a plot of roughly 0.201 of an acre, or 813m². The below map shows the location of 12 PARSONAGE 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 12 PARSONAGE 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 12 PARSONAGE CLOSE?

12 PARSONAGE CLOSE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 12 on PARSONAGE CLOSE.