28, BALMORAL ROAD, MORECAMBE, LA4 4JW - £180,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 BALMORAL ROAD is a very large extended detached house of 162m², built sometime between 1930 and 1949. It was last sold for £180,000 in March 2015, which was around 21% below the average March 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was B.

28 BALMORAL ROAD Sold Prices

Land registry data shows four sales for 28 BALMORAL 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 28 BALMORAL 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
2015 23 MAR	£180,000	£228,022	21% below HPI
2003 22 DEC	£130,000	£161,819	20% below HPI
2001 21 SEP	£84,000	£105,096	20% below HPI
2001 12 APR	£66,000	£94,800	30% below HPI

28 BALMORAL 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 28 BALMORAL ROAD sales between April 2001 and March 2015 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 December 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 28 BALMORAL ROAD?

28 BALMORAL ROAD is 162m², which includes two extensions, according to the EPC inspection conducted in July 2023. 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 28 BALMORAL ROAD lies on this distribution: 88% of detached houses are smaller than 28 BALMORAL ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

28 BALMORAL ROAD: Plot and Title Map

28 BALMORAL ROAD sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 28 BALMORAL 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 28 BALMORAL 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 28 BALMORAL ROAD?

28 BALMORAL ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 28 on BALMORAL ROAD.