3, ELLWOOD GROVE, MORECAMBE, LA3 3NQ - £172,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ELLWOOD GROVE is a very small detached house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £189,416. It was last sold for £172,000 in December 2021, which was around 43% below the average December 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 ELLWOOD GROVE Sold Prices

Land registry data shows four sales for 3 ELLWOOD GROVE 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 3 ELLWOOD GROVE 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
2021 16 DEC	£172,000	£303,314	43% below HPI
2016 21 APR	£125,000	£231,513	46% below HPI
2001 28 SEP	£59,950	£101,946	41% below HPI
1997 17 OCT	£47,000	£79,144	41% below HPI

3 ELLWOOD GROVE 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 3 ELLWOOD GROVE sales between October 1997 and December 2021 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 2016 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 ELLWOOD GROVE be worth now?

3 ELLWOOD GROVE might now be worth an estimated £189,416.

This is based on house price inflation of 10.1%, between December 2021 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.1% inflationary increase is applied to the most recent sale price for 3 ELLWOOD GROVE of £172,000 on 16th December 2021. For the value to have increased from £172,000 to £189,416 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 ELLWOOD GROVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2021 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELLWOOD GROVE has not materially changed since December 2021.

How Large is 3 ELLWOOD GROVE?

3 ELLWOOD GROVE is 60m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morecambe, and where 3 ELLWOOD GROVE lies on this distribution: 4% of detached houses houses are smaller than 3 ELLWOOD GROVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

3 ELLWOOD GROVE: Plot and Title Map

3 ELLWOOD GROVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 3 ELLWOOD GROVE, 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 ELLWOOD GROVE). 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 ELLWOOD GROVE?

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