4, GAISGILL AVENUE, MORECAMBE, LA4 4UF - £123,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GAISGILL AVENUE is a very small semi-detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £199,472. It was last sold for £123,000 in March 2011, which was around 7% below the average March 2011 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

4 GAISGILL AVENUE Sold Prices

Land registry data shows two sales for 4 GAISGILL AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 4 GAISGILL 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
2011 18 MAR	£123,000	£132,698	7% below HPI
2010 29 JUL	£93,000	£141,120	34% below HPI

4 GAISGILL AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 4 GAISGILL AVENUE sales from July 2010 and March 2011 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 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2011 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 GAISGILL AVENUE be worth now?

4 GAISGILL AVENUE might now be worth an estimated £199,472.

This is based on house price inflation of 62.2%, between March 2011 and February 2025, for semi-detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.2% inflationary increase is applied to the most recent sale price for 4 GAISGILL AVENUE of £123,000 on 18th March 2011. For the value to have increased from £123,000 to £199,472 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of 4 GAISGILL AVENUE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The March 2011 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GAISGILL AVENUE has not materially changed since March 2011.

How Large is 4 GAISGILL AVENUE?

4 GAISGILL AVENUE is 62m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of semi-detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morecambe, and where 4 GAISGILL AVENUE lies on this distribution: 5% of semi-detached houses houses are smaller than 4 GAISGILL AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

4 GAISGILL AVENUE: Plot and Title Map

4 GAISGILL AVENUE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 4 GAISGILL 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 4 GAISGILL 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.

Where is 4 GAISGILL AVENUE?

4 GAISGILL AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 4 on GAISGILL AVENUE.