24, HEST BANK ROAD, MORECAMBE, LA4 6HJ - £280,000

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

24 HEST BANK ROAD is a very large extended detached house of 140m², built sometime between 1900 and 1929. It was last sold for £280,000 in February 2017, which was around 13% above the average February 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was C.

24 HEST BANK ROAD Sold Prices

Land registry data shows two sales for 24 HEST BANK ROAD 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 24 HEST BANK ROAD sales 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
2017 3 FEB	£280,000	£248,502	13% above HPI
2000 5 APR	£107,500	£89,271	20% above HPI

24 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 two 24 HEST BANK ROAD sales from April 2000 and February 2017 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 April 2000 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2017 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 24 HEST BANK ROAD?

24 HEST BANK ROAD is 140m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 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 24 HEST BANK ROAD lies on this distribution: 81% of detached houses are smaller than 24 HEST BANK ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

24 HEST BANK ROAD: Plot and Title Map

24 HEST BANK ROAD sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 24 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 24 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 24 HEST BANK ROAD?

24 HEST BANK ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 24 on HEST BANK ROAD.