188, LANCASTER ROAD, MORECAMBE, LA4 5TL - £430,000

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

188 LANCASTER ROAD is a very large extended detached house of 247m², built sometime between 1930 and 1949. It was last sold for £430,000 in September 2022, which was around 29% above the average September 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was D.

188 LANCASTER ROAD Sold Prices

Land registry data shows two sales for 188 LANCASTER 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 188 LANCASTER ROAD sales were for above 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
2022 12 SEP	£430,000	£334,153	29% above HPI
2021 9 AUG	£363,000	£295,240	23% above HPI

188 LANCASTER 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 188 LANCASTER ROAD sales from August 2021 and September 2022 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 August 2021 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 188 LANCASTER ROAD?

188 LANCASTER ROAD is 247m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 188 LANCASTER ROAD lies on this distribution: 99% of detached houses are smaller than 188 LANCASTER ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

188 LANCASTER ROAD: Plot and Title Map

188 LANCASTER ROAD sits on a plot of roughly 0.284 of an acre, or 1,151m². The below map shows the location of 188 LANCASTER 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 188 LANCASTER 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 188 LANCASTER ROAD?

188 LANCASTER ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 188 on LANCASTER ROAD.