296, OXCLIFFE ROAD, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3EJ - £500,000

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

296 OXCLIFFE ROAD is a very large detached house of 231m², built sometime between 2003 and 2006. It was last sold for £500,000 in March 2024, which was around 47% above the average March 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was C.

296 OXCLIFFE ROAD Sold Prices

Land registry data shows three sales for 296 OXCLIFFE ROAD 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. Two of the three 296 OXCLIFFE ROAD sales were for above the average price, whilst one was 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
2024 13 MAR	£500,000	£339,198	47% above HPI
2020 4 SEP	£369,000	£282,906	30% above HPI
1998 27 NOV	£58,500	£83,709	30% below HPI

296 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 three 296 OXCLIFFE ROAD sales between November 1998 and March 2024 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 September 2020 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2024 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 296 OXCLIFFE ROAD?

296 OXCLIFFE ROAD is 231m² according to the EPC inspection conducted in December 2017. 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 296 OXCLIFFE ROAD lies on this distribution: 98% of detached houses are smaller than 296 OXCLIFFE ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

296 OXCLIFFE ROAD: Plot and Title Map

296 OXCLIFFE ROAD sits on a plot of roughly 0.244 of an acre, or 988m². The below map shows the location of 296 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 296 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 296 OXCLIFFE ROAD?

296 OXCLIFFE ROAD is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 296 on OXCLIFFE ROAD.