21, GAISGILL AVENUE, MORECAMBE, LA4 4UF - £120,000

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

21 GAISGILL AVENUE is a small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £120,000 in July 2012, which was around 46% below the average July 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

21 GAISGILL AVENUE Sold Prices

Land registry data shows two sales for 21 GAISGILL AVENUE 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 21 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
2012 24 JUL	£120,000	£220,815	46% below HPI
2007 13 NOV	£165,000	£254,930	35% below HPI

21 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 two 21 GAISGILL AVENUE sales from November 2007 and July 2012 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 November 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2012 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 21 GAISGILL AVENUE?

21 GAISGILL AVENUE is 79m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 21 GAISGILL AVENUE lies on this distribution: 26% of detached houses are smaller than 21 GAISGILL AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

21 GAISGILL AVENUE: Plot and Title Map

21 GAISGILL AVENUE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 21 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 21 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 21 GAISGILL AVENUE?

21 GAISGILL AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 21 on GAISGILL AVENUE.