17, ALBANY ROAD, MORECAMBE, LA4 4JY - £270,000

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.

17 ALBANY ROAD is a very large extended detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £320,310. It was last sold for £270,000 in May 2021, which was around 4% below the average May 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

17 ALBANY ROAD Sold Prices

Land registry data shows two sales for 17 ALBANY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 17 ALBANY ROAD 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
2021 24 MAY	£270,000	£281,562	4% below HPI
2000 31 MAR	£78,000	£85,639	9% below HPI

17 ALBANY ROAD 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 two 17 ALBANY ROAD sales from March 2000 and May 2021 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 March 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 17 ALBANY ROAD be worth now?

17 ALBANY ROAD might now be worth an estimated £320,310.

This is based on house price inflation of 18.6%, between May 2021 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 18.6% inflationary increase is applied to the most recent sale price for 17 ALBANY ROAD of £270,000 on 24th May 2021. For the value to have increased from £270,000 to £320,310 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 17 ALBANY ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ALBANY ROAD has not materially changed since May 2021.

How Large is 17 ALBANY ROAD?

17 ALBANY ROAD is 144m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% 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 17 ALBANY ROAD lies on this distribution: 82% of detached houses houses are smaller than 17 ALBANY ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

17 ALBANY ROAD: Plot and Title Map

17 ALBANY ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 17 ALBANY ROAD, 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 17 ALBANY ROAD). 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 17 ALBANY ROAD?

17 ALBANY ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 17 on ALBANY ROAD.