18, WARWICK AVENUE, MORECAMBE, LA4 6LF - £250,000

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.

18 WARWICK AVENUE is a very large detached house of 154m², built sometime between 1950 and 1966, which could now be worth an estimated £393,661. It was last sold for £250,000 in February 2011, which was around 18% above the average February 2011 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

18 WARWICK AVENUE Sold Prices

Land registry data shows three sales for 18 WARWICK 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. Two of the three 18 WARWICK AVENUE sales were for above the average price, whilst one was 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
2011 14 FEB	£250,000	£212,128	18% above HPI
2004 15 SEP	£250,000	£196,153	27% above HPI
2003 27 JUN	£115,000	£145,140	21% below HPI

18 WARWICK 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 18 WARWICK AVENUE sales between June 2003 and February 2011 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 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the February 2011 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 18 WARWICK AVENUE be worth now?

18 WARWICK AVENUE might now be worth an estimated £393,661.

This is based on house price inflation of 57.5%, between February 2011 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 57.5% inflationary increase is applied to the most recent sale price for 18 WARWICK AVENUE of £250,000 on 14th February 2011. For the value to have increased from £250,000 to £393,661 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 18 WARWICK AVENUE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The February 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WARWICK AVENUE has not materially changed since February 2011.

How Large is 18 WARWICK AVENUE?

18 WARWICK AVENUE is 154m² according to the EPC inspection conducted in June 2009. 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 18 WARWICK AVENUE lies on this distribution: 85% of detached houses houses are smaller than 18 WARWICK AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

18 WARWICK AVENUE: Plot and Title Map

18 WARWICK AVENUE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 18 WARWICK 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 18 WARWICK 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 18 WARWICK AVENUE?

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