2, GAISGILL AVENUE, MORECAMBE, LA4 4UF - £136,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 GAISGILL AVENUE is a very small semi-detached house of 60m², built sometime between 1967 and 1975. It was last sold for £136,000 in November 2016, which was around 46% below the average November 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

2 GAISGILL AVENUE Sold Prices

Land registry data shows three sales for 2 GAISGILL 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. All of the three 2 GAISGILL AVENUE 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
2016 30 NOV	£136,000	£249,767	46% below HPI
2007 5 OCT	£150,000	£252,929	41% below HPI
2005 17 JUN	£105,000	£207,925	50% below HPI

2 GAISGILL 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 2 GAISGILL AVENUE sales between June 2005 and November 2016 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 October 2007 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2016 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 2 GAISGILL AVENUE?

2 GAISGILL AVENUE is 60m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 2 GAISGILL AVENUE lies on this distribution: 4% of detached houses are smaller than 2 GAISGILL AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

2 GAISGILL AVENUE: Plot and Title Map

2 GAISGILL AVENUE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 GAISGILL 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 2 GAISGILL 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 2 GAISGILL AVENUE?

2 GAISGILL AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 2 on GAISGILL AVENUE.