24, MARDALE AVENUE, MORECAMBE, LA4 5XG - £173,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 MARDALE AVENUE is a large extended detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £239,205. It was last sold for £173,500 in November 2017, which was around 28% below the average November 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

24 MARDALE AVENUE Sold Prices

Land registry data shows three sales for 24 MARDALE AVENUE 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. All of the three 24 MARDALE 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
2017 3 NOV	£173,500	£242,276	28% below HPI
2002 18 SEP	£80,000	£123,107	35% below HPI
1999 5 AUG	£55,000	£85,239	35% below HPI

24 MARDALE 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 three 24 MARDALE AVENUE sales between August 1999 and November 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 September 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 24 MARDALE AVENUE be worth now?

24 MARDALE AVENUE might now be worth an estimated £239,205.

This is based on house price inflation of 37.9%, between November 2017 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.9% inflationary increase is applied to the most recent sale price for 24 MARDALE AVENUE of £173,500 on 3rd November 2017. For the value to have increased from £173,500 to £239,205 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 MARDALE AVENUE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2017 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 24 MARDALE AVENUE has not materially changed since November 2017.

How Large is 24 MARDALE AVENUE?

24 MARDALE AVENUE is 118m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% of detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morecambe, and where 24 MARDALE AVENUE lies on this distribution: 64% of detached houses houses are smaller than 24 MARDALE AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

24 MARDALE AVENUE: Plot and Title Map

24 MARDALE AVENUE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 24 MARDALE 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 24 MARDALE 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 24 MARDALE AVENUE?

24 MARDALE AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 24 on MARDALE AVENUE.