18, ALTHAM ROAD, MORECAMBE, LA4 4UQ - £220,000

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

18 ALTHAM ROAD is a large detached house of 117m², built sometime between 1976 and 1982. It was last sold for £220,000 in November 2017, which was around 12% below the average November 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

18 ALTHAM ROAD Sold Prices

Land registry data shows three sales for 18 ALTHAM ROAD 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 18 ALTHAM 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
2017 27 NOV	£220,000	£249,763	12% below HPI
2016 18 JAN	£198,000	£239,720	17% below HPI
2010 11 OCT	£149,000	£227,309	34% below HPI

18 ALTHAM 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 three 18 ALTHAM ROAD sales between October 2010 and November 2017 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 January 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2017 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 18 ALTHAM ROAD?

18 ALTHAM ROAD is 117m² according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 18 ALTHAM ROAD lies on this distribution: 63% of detached houses are smaller than 18 ALTHAM ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

18 ALTHAM ROAD: Plot and Title Map

18 ALTHAM ROAD sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 18 ALTHAM 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 18 ALTHAM 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 18 ALTHAM ROAD?

18 ALTHAM ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 18 on ALTHAM ROAD.