14, BISHOPDALE CLOSE, MORECAMBE, LA3 3SU - £190,000

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.

14 BISHOPDALE CLOSE is a midsized extended detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £259,660. It was last sold for £190,000 in April 2018, which was around 22% below the average April 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

14 BISHOPDALE CLOSE Sold Prices

Land registry data shows three sales for 14 BISHOPDALE 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. Two of the three 14 BISHOPDALE CLOSE sales were for below the average price, whilst one 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
2018 20 APR	£190,000	£244,416	22% below HPI
2017 10 MAY	£167,000	£242,685	31% below HPI
1999 20 AUG	£87,450	£85,239	3% above HPI

14 BISHOPDALE 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 14 BISHOPDALE CLOSE sales between August 1999 and April 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 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 14 BISHOPDALE CLOSE be worth now?

14 BISHOPDALE CLOSE might now be worth an estimated £259,660.

This is based on house price inflation of 36.7%, between April 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 36.7% inflationary increase is applied to the most recent sale price for 14 BISHOPDALE CLOSE of £190,000 on 20th April 2018. For the value to have increased from £190,000 to £259,660 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 14 BISHOPDALE CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The April 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BISHOPDALE CLOSE has not materially changed since April 2018.

How Large is 14 BISHOPDALE CLOSE?

14 BISHOPDALE CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% 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 14 BISHOPDALE CLOSE lies on this distribution: 47% of detached houses houses are smaller than 14 BISHOPDALE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

14 BISHOPDALE CLOSE: Plot and Title Map

14 BISHOPDALE CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 14 BISHOPDALE 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 14 BISHOPDALE 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 14 BISHOPDALE CLOSE?

14 BISHOPDALE CLOSE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 14 on BISHOPDALE CLOSE.