16, LICHFIELD AVENUE, MORECAMBE, LA4 6EA - £312,500

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

16 LICHFIELD AVENUE is a large extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £312,500 in June 2023, which was around 6% below the average June 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

16 LICHFIELD AVENUE Sold Prices

Land registry data shows three sales for 16 LICHFIELD AVENUE 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 16 LICHFIELD AVENUE 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
2023 9 JUN	£312,500	£331,497	6% below HPI
2019 1 NOV	£250,000	£270,160	7% below HPI
2016 2 DEC	£163,000	£248,019	34% below HPI

16 LICHFIELD AVENUE 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 16 LICHFIELD AVENUE sales between December 2016 and June 2023 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 November 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 16 LICHFIELD AVENUE?

16 LICHFIELD AVENUE is 122m², which includes one extension, according to the EPC inspection conducted in November 2022. 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 16 LICHFIELD AVENUE lies on this distribution: 69% of detached houses are smaller than 16 LICHFIELD AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

16 LICHFIELD AVENUE: Plot and Title Map

16 LICHFIELD AVENUE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 16 LICHFIELD AVENUE, 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 16 LICHFIELD AVENUE). 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 16 LICHFIELD AVENUE?

16 LICHFIELD AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 16 on LICHFIELD AVENUE.