355B, LANCASTER ROAD, MORECAMBE, LA4 6RL - £168,500

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

355B LANCASTER ROAD is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £168,500 in September 2013, which was around 25% below the average September 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

355B LANCASTER ROAD Sold Prices

Land registry data shows two sales for 355B LANCASTER ROAD since 1^st 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 355B LANCASTER 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
2013 6 SEP	£168,500	£225,059	25% below HPI
2000 13 JUN	£46,000	£89,289	48% below HPI

355B LANCASTER 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 two 355B LANCASTER ROAD sales from June 2000 and September 2013 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 June 2000 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2013 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 355B LANCASTER ROAD?

355B LANCASTER ROAD is 65m² according to the EPC inspection conducted in January 2010. 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 355B LANCASTER ROAD lies on this distribution: 6% of detached houses are smaller than 355B LANCASTER ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

355B LANCASTER ROAD: Plot and Title Map

355B LANCASTER ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 355B LANCASTER 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 355B LANCASTER 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 355B LANCASTER ROAD?

355B LANCASTER ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 355B on LANCASTER ROAD.