34, WOODHILL LANE, MORECAMBE, LA4 4NL - £260,000

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

34 WOODHILL LANE is a large extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £260,000 in January 2024, which was around 24% below the average January 2024 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

34 WOODHILL LANE Sold Prices

Land registry data shows three sales for 34 WOODHILL LANE 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 34 WOODHILL LANE 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
2024 26 JAN	£260,000	£342,920	24% below HPI
2007 16 MAY	£202,000	£227,369	11% below HPI
2003 28 MAR	£120,000	£131,597	9% below HPI

34 WOODHILL LANE 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 34 WOODHILL LANE sales between March 2003 and January 2024 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 May 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 34 WOODHILL LANE?

34 WOODHILL LANE is 115m², which includes three extensions, according to the EPC inspection conducted in July 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 34 WOODHILL LANE lies on this distribution: 62% of detached houses are smaller than 34 WOODHILL LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

34 WOODHILL LANE: Plot and Title Map

34 WOODHILL LANE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 34 WOODHILL LANE, 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 34 WOODHILL LANE). 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 34 WOODHILL LANE?

34 WOODHILL LANE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 34 on WOODHILL LANE.