1A, STUART AVENUE, MORECAMBE, LA4 6EB - £225,000

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

1A STUART AVENUE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £225,000 in December 2009, which was about the average December 2009 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

1A STUART AVENUE Sold Prices

Land registry data shows four sales for 1A STUART AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The four 1A STUART AVENUE sales were a mix of roughly equal to the average price, above the average price, and 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
2009 7 DEC	£225,000	£225,398	Close to HPI
2007 21 DEC	£201,000	£247,493	19% below HPI
2007 16 MAY	£210,000	£227,369	8% below HPI
2003 13 JAN	£147,500	£137,492	7% above HPI

1A STUART 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 four 1A STUART AVENUE sales between January 2003 and December 2009 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 December 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2009 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 1A STUART AVENUE?

1A STUART AVENUE is 68m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 1A STUART AVENUE lies on this distribution: 10% of detached houses are smaller than 1A STUART AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

1A STUART AVENUE: Plot and Title Map

1A STUART AVENUE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 1A STUART 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 1A STUART 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 1A STUART AVENUE?

1A STUART AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 1A on STUART AVENUE.