3, HEXHAM ROAD, MORECAMBE, LA4 6QA - £186,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HEXHAM ROAD is a small extended semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £296,279. It was last sold for £186,500 in June 2012, which was around 38% above the average June 2012 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was May 2009, where the current energy rating was C, and the potential energy rating was C.

3 HEXHAM ROAD Sold Prices

Land registry data shows five sales for 3 HEXHAM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Most of the five 3 HEXHAM ROAD 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
2012 29 JUN	£186,500	£135,463	38% above HPI
2009 28 AUG	£165,000	£132,127	25% above HPI
2008 11 JUL	£180,000	£147,620	22% above HPI
2000 19 DEC	£75,000	£56,360	33% above HPI
1996 1 OCT	£42,000	£46,450	10% below HPI

3 HEXHAM ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The five 3 HEXHAM ROAD sales between October 1996 and June 2012 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 August 2009 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2012 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 3 HEXHAM ROAD be worth now?

3 HEXHAM ROAD might now be worth an estimated £296,279.

This is based on house price inflation of 58.9%, between June 2012 and February 2025, for semi-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 58.9% inflationary increase is applied to the most recent sale price for 3 HEXHAM ROAD of £186,500 on 29th June 2012. For the value to have increased from £186,500 to £296,279 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 3 HEXHAM ROAD has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The June 2012 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HEXHAM ROAD has not materially changed since June 2012.

How Large is 3 HEXHAM ROAD?

3 HEXHAM ROAD is 81m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 30% of semi-detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morecambe, and where 3 HEXHAM ROAD lies on this distribution: 27% of semi-detached houses houses are smaller than 3 HEXHAM ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

3 HEXHAM ROAD: Plot and Title Map

3 HEXHAM ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 3 HEXHAM 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 3 HEXHAM 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 3 HEXHAM ROAD?

3 HEXHAM ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 3 on HEXHAM ROAD.