27, WAKEFIELD AVENUE, MORECAMBE, LA4 6DY - £218,000

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.

27 WAKEFIELD AVENUE is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £277,864. It was last sold for £218,000 in November 2019, which was around 17% below the average November 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

27 WAKEFIELD AVENUE Sold Prices

Land registry data shows three sales for 27 WAKEFIELD 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 27 WAKEFIELD 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
2019 8 NOV	£218,000	£262,062	17% below HPI
2015 2 FEB	£180,000	£221,624	19% below HPI
2000 14 APR	£84,950	£86,595	2% below HPI

27 WAKEFIELD 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 27 WAKEFIELD AVENUE sales between April 2000 and November 2019 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 February 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 27 WAKEFIELD AVENUE be worth now?

27 WAKEFIELD AVENUE might now be worth an estimated £277,864.

This is based on house price inflation of 27.5%, between November 2019 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 27.5% inflationary increase is applied to the most recent sale price for 27 WAKEFIELD AVENUE of £218,000 on 8th November 2019. For the value to have increased from £218,000 to £277,864 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 27 WAKEFIELD AVENUE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2019 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 27 WAKEFIELD AVENUE has not materially changed since November 2019.

How Large is 27 WAKEFIELD AVENUE?

27 WAKEFIELD AVENUE is 67m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 27 WAKEFIELD AVENUE lies on this distribution: 9% of detached houses houses are smaller than 27 WAKEFIELD AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

27 WAKEFIELD AVENUE: Plot and Title Map

27 WAKEFIELD AVENUE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 27 WAKEFIELD 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 27 WAKEFIELD 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 27 WAKEFIELD AVENUE?

27 WAKEFIELD AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 27 on WAKEFIELD AVENUE.