31, BETONY, MORECAMBE, LA4 6JD - £425,000

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

31 BETONY is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £425,000 in May 2023, which was around 30% above the average May 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

31 BETONY Sold Prices

Land registry data shows three sales for 31 BETONY 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. All of the three 31 BETONY 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
2023 31 MAY	£425,000	£326,951	30% above HPI
2002 26 APR	£138,950	£108,896	28% above HPI
1999 25 JUN	£123,000	£85,877	43% above HPI

31 BETONY 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 31 BETONY sales between June 1999 and May 2023 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 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 31 BETONY?

31 BETONY is 120m² according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 31 BETONY lies on this distribution: 67% of detached houses are smaller than 31 BETONY, and 32% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

31 BETONY: Plot and Title Map

31 BETONY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 31 BETONY, 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 31 BETONY). 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 31 BETONY?

31 BETONY is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 31 on BETONY.