3, MOUNT AVENUE, MORECAMBE, LA4 6DJ - £520,000

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 MOUNT AVENUE is a very large extended detached house of 237m², built sometime between 1930 and 1949. It was last sold for £520,000 in November 2018, which was around 104% above the average November 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was C.

3 MOUNT AVENUE Sold Prices

Land registry data shows two sales for 3 MOUNT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 3 MOUNT AVENUE 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
2018 1 NOV	£520,000	£254,780	104% above HPI
2012 20 APR	£250,000	£220,679	13% above HPI

3 MOUNT AVENUE 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 two 3 MOUNT AVENUE sales from April 2012 and November 2018 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 2012 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2018 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

How Large is 3 MOUNT AVENUE?

3 MOUNT AVENUE is 237m², which includes four extensions, according to the EPC inspection conducted in May 2018. 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 3 MOUNT AVENUE lies on this distribution: 98% of detached houses are smaller than 3 MOUNT AVENUE, and 2% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

3 MOUNT AVENUE: Plot and Title Map

3 MOUNT AVENUE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 3 MOUNT AVENUE, 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 MOUNT AVENUE). 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 MOUNT AVENUE?

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