4, SALISBURY CLOSE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RP - £192,000

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

4 SALISBURY CLOSE is a large extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £192,000 in March 2017, which was around 23% below the average March 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

4 SALISBURY CLOSE Sold Prices

Land registry data shows three sales for 4 SALISBURY CLOSE 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. Two of the three 4 SALISBURY CLOSE sales were for below the average price, whilst one was for above 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
2017 6 MAR	£192,000	£250,536	23% below HPI
2003 23 MAY	£124,500	£142,286	13% below HPI
1997 9 MAY	£92,100	£79,046	17% above HPI

4 SALISBURY CLOSE 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 4 SALISBURY CLOSE sales between May 1997 and March 2017 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 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 SALISBURY CLOSE?

4 SALISBURY CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 4 SALISBURY CLOSE lies on this distribution: 74% of detached houses are smaller than 4 SALISBURY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

4 SALISBURY CLOSE: Plot and Title Map

4 SALISBURY CLOSE sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 4 SALISBURY CLOSE, 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 SALISBURY CLOSE). 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 SALISBURY CLOSE?

4 SALISBURY CLOSE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 4 on SALISBURY CLOSE.