328, OXCLIFFE ROAD, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3EJ - £180,000

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

328 OXCLIFFE ROAD is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £180,000 in February 2016, which was around 24% below the average February 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

328 OXCLIFFE ROAD Sold Prices

Land registry data shows three sales for 328 OXCLIFFE ROAD 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 328 OXCLIFFE ROAD sales were 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 3 FEB	£180,000	£237,093	24% below HPI
2002 18 DEC	£110,000	£135,124	19% below HPI
2001 22 NOV	£82,500	£107,627	23% below HPI

328 OXCLIFFE ROAD 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 328 OXCLIFFE ROAD sales between November 2001 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 328 OXCLIFFE ROAD?

328 OXCLIFFE ROAD is 68m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 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 328 OXCLIFFE ROAD lies on this distribution: 9% of detached houses are smaller than 328 OXCLIFFE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

328 OXCLIFFE ROAD: Plot and Title Map

328 OXCLIFFE ROAD sits on a plot of roughly 0.238 of an acre, or 964m². The below map shows the location of 328 OXCLIFFE 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 328 OXCLIFFE 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 328 OXCLIFFE ROAD?

328 OXCLIFFE ROAD is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 328 on OXCLIFFE ROAD.