183, BARE LANE, MORECAMBE, LA4 6RR - £183,000

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

183 BARE LANE is a small extended semi-detached house of 88m², built sometime between 1930 and 1949. It was last sold for £183,000 in November 2011, which was around 15% below the average November 2011 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was D.

183 BARE LANE Sold Prices

Land registry data shows three sales for 183 BARE LANE 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 183 BARE LANE 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
2011 4 NOV	£183,000	£215,058	15% below HPI
2011 4 MAR	£212,000	£219,377	3% below HPI
2007 2 FEB	£204,000	£225,444	10% below HPI

183 BARE LANE 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 183 BARE LANE sales between February 2007 and November 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 March 2011 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 183 BARE LANE?

183 BARE LANE is 88m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 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 183 BARE LANE lies on this distribution: 34% of detached houses are smaller than 183 BARE LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

183 BARE LANE: Plot and Title Map

183 BARE LANE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 183 BARE LANE, 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 183 BARE LANE). 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 183 BARE LANE?

183 BARE LANE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 183 on BARE LANE.