14, WATLING CLOSE, MORECAMBE, LA3 3BG - £185,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 WATLING CLOSE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £185,000 in March 2015, which was around 19% below the average March 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

14 WATLING CLOSE Sold Prices

Land registry data shows four sales for 14 WATLING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. two of the four 14 WATLING CLOSE sales were for below the average price, and four were 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
2015 12 MAR	£185,000	£228,022	19% below HPI
2009 21 SEP	£126,000	£213,246	41% below HPI
2003 20 FEB	£149,950	£134,440	12% above HPI
2000 6 DEC	£119,995	£98,227	22% above HPI

14 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 four 14 WATLING CLOSE sales between December 2000 and March 2015 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 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2015 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 14 WATLING CLOSE?

14 WATLING CLOSE is 130m² according to the EPC inspection conducted in September 2009. This puts it in the largest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 14 WATLING CLOSE lies on this distribution: 75% of detached houses are smaller than 14 WATLING CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

14 WATLING CLOSE: Plot and Title Map

14 WATLING CLOSE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 14 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 14 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 14 WATLING CLOSE?

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