29, BROADWAY, MORECAMBE, LA4 5BQ - £607,000

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

29 BROADWAY is a very large detached house of 192m², built sometime between 1930 and 1949. It was last sold for £607,000 in August 2022, which was around 85% above the average August 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

29 BROADWAY Sold Prices

Land registry data shows three sales for 29 BROADWAY 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 29 BROADWAY 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
2022 26 AUG	£607,000	£328,442	85% above HPI
2017 18 APR	£375,000	£251,215	49% above HPI
2002 7 FEB	£215,000	£107,313	100% above HPI

29 BROADWAY 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 29 BROADWAY sales between February 2002 and August 2022 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 April 2017 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the August 2022 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 29 BROADWAY?

29 BROADWAY is 192m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 29 BROADWAY lies on this distribution: 95% of detached houses are smaller than 29 BROADWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

29 BROADWAY: Plot and Title Map

29 BROADWAY sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 29 BROADWAY, 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 29 BROADWAY). 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 29 BROADWAY?

29 BROADWAY is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 29 on BROADWAY.