Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
33 MICHAELSON AVENUE is a midsized extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £170,000 in July 2021, which was around 42% below the average July 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 33 MICHAELSON AVENUE since 1st 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 33 MICHAELSON AVENUE 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 |
---|---|---|---|
2021 16 JUL | £170,000 | £291,258 | 42% below HPI |
2005 22 JUL | £131,000 | £212,722 | 38% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 33 MICHAELSON AVENUE sales from July 2005 and July 2021 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 July 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
33 MICHAELSON AVENUE is 109m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 33 MICHAELSON AVENUE lies on this distribution: 55% of detached houses are smaller than 33 MICHAELSON AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Morecambe.
33 MICHAELSON AVENUE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 33 MICHAELSON 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 33 MICHAELSON 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.
33 MICHAELSON AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 33 on MICHAELSON AVENUE.