288, OXCLIFFE ROAD, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3EH - £140,000

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

288 OXCLIFFE ROAD is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £140,000 in May 2023, which was around 57% below the average May 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2010, where the current energy rating was F, and the potential energy rating was E.

288 OXCLIFFE ROAD Sold Prices

Land registry data shows two sales for 288 OXCLIFFE 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 288 OXCLIFFE 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
2023 26 MAY	£140,000	£326,951	57% below HPI
2022 25 FEB	£140,000	£315,410	56% below HPI

288 OXCLIFFE 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 288 OXCLIFFE ROAD sales from February 2022 and May 2023 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 2022 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the May 2023 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 288 OXCLIFFE ROAD?

288 OXCLIFFE ROAD is 76m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 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 288 OXCLIFFE ROAD lies on this distribution: 19% of detached houses are smaller than 288 OXCLIFFE ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

288 OXCLIFFE ROAD: Plot and Title Map

288 OXCLIFFE ROAD sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of 288 OXCLIFFE 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 288 OXCLIFFE 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 288 OXCLIFFE ROAD?

288 OXCLIFFE ROAD is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 288 on OXCLIFFE ROAD.