3, BISHOPDALE CLOSE, MORECAMBE, LA3 3SU - £295,000

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

3 BISHOPDALE CLOSE is a small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £295,000 in April 2024, which was around 14% below the average April 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

3 BISHOPDALE CLOSE Sold Prices

Land registry data shows three sales for 3 BISHOPDALE CLOSE 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 3 BISHOPDALE CLOSE 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
2024 17 APR	£295,000	£343,763	14% below HPI
2004 1 JUN	£160,000	£190,790	16% below HPI
1999 27 JUL	£78,450	£89,031	12% below HPI

3 BISHOPDALE CLOSE 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 3 BISHOPDALE CLOSE sales between July 1999 and April 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 June 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 BISHOPDALE CLOSE?

3 BISHOPDALE CLOSE is 77m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 3 BISHOPDALE CLOSE lies on this distribution: 21% of detached houses are smaller than 3 BISHOPDALE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

3 BISHOPDALE CLOSE: Plot and Title Map

3 BISHOPDALE CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 3 BISHOPDALE CLOSE, 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 3 BISHOPDALE CLOSE). 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 3 BISHOPDALE CLOSE?

3 BISHOPDALE CLOSE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 3 on BISHOPDALE CLOSE.