25, BARE LANE, MORECAMBE, LA4 6DE - £285,000

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

25 BARE LANE is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £285,000 in February 2010, which was around 28% above the average February 2010 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

25 BARE LANE Sold Prices

Land registry data shows two sales for 25 BARE LANE 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 25 BARE LANE 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
2010 26 FEB	£285,000	£222,134	28% above HPI
2002 2 OCT	£145,000	£129,912	12% above HPI

25 BARE LANE 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 25 BARE LANE sales from October 2002 and February 2010 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 October 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2010 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 25 BARE LANE?

25 BARE LANE is 132m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 25 BARE LANE lies on this distribution: 76% of detached houses are smaller than 25 BARE LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

25 BARE LANE: Plot and Title Map

25 BARE LANE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 25 BARE LANE, 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 25 BARE LANE). 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 25 BARE LANE?

25 BARE LANE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 25 on BARE LANE.