3, WOODRUSH, MORECAMBE, LA4 6JB - £249,950

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 WOODRUSH is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £249,950 in February 2016, which was around 5% above the average February 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

3 WOODRUSH Sold Prices

Land registry data shows three sales for 3 WOODRUSH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Two of the three 3 WOODRUSH sales were for above the average price, whilst one was 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
2016 26 FEB	£249,950	£237,093	5% above HPI
2003 18 DEC	£220,000	£161,819	36% above HPI
1996 11 JUN	£75,000	£77,368	3% below HPI

3 WOODRUSH 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 three 3 WOODRUSH sales between June 1996 and February 2016 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 December 2003 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 WOODRUSH?

3 WOODRUSH is 70m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 WOODRUSH lies on this distribution: 12% of detached houses are smaller than 3 WOODRUSH, and 87% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

3 WOODRUSH: Plot and Title Map

3 WOODRUSH sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 3 WOODRUSH, 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 WOODRUSH). 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 WOODRUSH?

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