3, SALISBURY CLOSE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RP - £140,000

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 SALISBURY CLOSE is a large detached house of 128m², built sometime between 1996 and 2002. It was last sold for £140,000 in October 2003, which was around 13% below the average October 2003 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

3 SALISBURY CLOSE Sold Prices

Land registry data shows two sales for 3 SALISBURY CLOSE 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. One of the two 3 SALISBURY CLOSE sales was for below the average price, whilst the other was 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
2003 10 OCT	£140,000	£160,799	13% below HPI
1997 30 JUN	£92,000	£81,139	13% above HPI

3 SALISBURY 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 two 3 SALISBURY CLOSE sales from June 1997 and October 2003 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 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2003 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 SALISBURY CLOSE?

3 SALISBURY CLOSE is 128m² according to the EPC inspection conducted in February 2015. This puts it in the largest 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 SALISBURY CLOSE lies on this distribution: 74% of detached houses are smaller than 3 SALISBURY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

3 SALISBURY CLOSE: Plot and Title Map

3 SALISBURY CLOSE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 3 SALISBURY 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 SALISBURY 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 SALISBURY CLOSE?

3 SALISBURY CLOSE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 3 on SALISBURY CLOSE.