2, HYNDBURN CLOSE, MORECAMBE, LA3 3SQ - £238,000

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

2 HYNDBURN CLOSE is a very large detached house of 169m², built sometime between 1991 and 1995. It was last sold for £238,000 in January 2016, which was around 1% below the average January 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

2 HYNDBURN CLOSE Sold Prices

Land registry data shows four sales for 2 HYNDBURN CLOSE 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. One of the four 2 HYNDBURN CLOSE sales was for below the average price, whilst two 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
2016 27 JAN	£238,000	£239,720	1% below HPI
2013 11 OCT	£226,000	£226,274	Close to HPI
1998 17 APR	£110,000	£83,616	32% above HPI
1996 27 SEP	£126,000	£77,905	62% above HPI

2 HYNDBURN CLOSE 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 2 HYNDBURN CLOSE sales between September 1996 and January 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 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 HYNDBURN CLOSE?

2 HYNDBURN CLOSE is 169m² according to the EPC inspection conducted in January 2013. 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 2 HYNDBURN CLOSE lies on this distribution: 91% of detached houses are smaller than 2 HYNDBURN CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

2 HYNDBURN CLOSE: Plot and Title Map

2 HYNDBURN CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 2 HYNDBURN CLOSE, 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 HYNDBURN CLOSE). 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 HYNDBURN CLOSE?

2 HYNDBURN CLOSE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 2 on HYNDBURN CLOSE.