23, HEST BANK ROAD, MORECAMBE, LA4 6HQ - £185,000

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

23 HEST BANK ROAD is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £185,000 in August 2012, which was around 17% below the average August 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was C.

23 HEST BANK ROAD Sold Prices

Land registry data shows four sales for 23 HEST BANK ROAD 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. All of the four 23 HEST BANK ROAD 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 9 AUG	£185,000	£224,098	17% below HPI
2009 26 JUL	£170,000	£214,484	21% below HPI
2007 27 APR	£209,450	£223,819	6% below HPI
1996 23 AUG	£65,000	£78,615	17% below HPI

23 HEST BANK ROAD 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 23 HEST BANK ROAD sales between August 1996 and August 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 July 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 23 HEST BANK ROAD?

23 HEST BANK ROAD is 72m² according to the EPC inspection conducted in December 2022. 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 23 HEST BANK ROAD lies on this distribution: 14% of detached houses are smaller than 23 HEST BANK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

23 HEST BANK ROAD: Plot and Title Map

23 HEST BANK ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 23 HEST BANK ROAD, 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 23 HEST BANK ROAD). 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 23 HEST BANK ROAD?

23 HEST BANK ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 23 on HEST BANK ROAD.