2, LODGES GROVE, MORECAMBE, LA4 6HE - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LODGES GROVE is a midsized extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £225,000 in December 2011, which was around 4% above the average December 2011 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was C.

2 LODGES GROVE Sold Prices

Land registry data shows three sales for 2 LODGES GROVE 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. Two of the three 2 LODGES GROVE sales were for above the average price, whilst one was 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 15 DEC	£225,000	£217,002	4% above HPI
2004 26 MAR	£176,000	£177,807	1% below HPI
2002 18 DEC	£147,000	£135,124	9% above HPI

2 LODGES GROVE 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 LODGES GROVE sales between December 2002 and December 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 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2011 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 LODGES GROVE?

2 LODGES GROVE is 105m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the largest 50% 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 LODGES GROVE lies on this distribution: 51% of detached houses are smaller than 2 LODGES GROVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

2 LODGES GROVE: Plot and Title Map

2 LODGES GROVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 LODGES GROVE, 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 LODGES GROVE). 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 LODGES GROVE?

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