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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 ELLWOOD GROVE is a very small detached house of 60m², built sometime between 1983 and 1990. It was last sold for £172,000 in December 2021, which was around 45% 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	£312,687	45% below HPI
2016 21 APR	£125,000	£238,667	48% below HPI
2001 28 SEP	£59,950	£105,096	43% below HPI
1997 17 OCT	£47,000	£81,590	42% 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2021 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

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 in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 3 ELLWOOD GROVE lies on this distribution: 4% of detached 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.