16, PENNINE VIEW, MORECAMBE, LA4 4QB - £162,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 PENNINE VIEW is a small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £160,691. It was last sold for £162,000 in December 2023, which was around 52% below the average December 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

16 PENNINE VIEW Sold Prices

Land registry data shows four sales for 16 PENNINE VIEW 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. All of the four 16 PENNINE VIEW 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 15 DEC	£162,000	£336,748	52% below HPI
2019 27 SEP	£207,500	£256,920	19% below HPI
2011 4 MAY	£160,000	£206,811	23% below HPI
2008 5 FEB	£140,000	£233,461	40% below HPI

16 PENNINE VIEW 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 16 PENNINE VIEW sales between February 2008 and December 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 September 2019 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2023 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 16 PENNINE VIEW be worth now?

16 PENNINE VIEW might now be worth an estimated £160,691.

This is based on house price deflation of 0.8%, between December 2023 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 0.8% deflationary decrease is applied to the most recent sale price for 16 PENNINE VIEW of £162,000 on 15th December 2023. For the value to have decreased from £162,000 to £160,691 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 PENNINE VIEW has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2023 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PENNINE VIEW has not materially changed since December 2023.

How Large is 16 PENNINE VIEW?

16 PENNINE VIEW is 79m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% 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 16 PENNINE VIEW lies on this distribution: 24% of detached houses houses are smaller than 16 PENNINE VIEW, and 74% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

16 PENNINE VIEW: Plot and Title Map

16 PENNINE VIEW sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 16 PENNINE VIEW, 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 PENNINE VIEW). 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 PENNINE VIEW?

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