44, PRIORY CLOSE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RL - £100,000

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.

44 PRIORY CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £175,932. It was last sold for £100,000 in July 2004, which was around 47% below the average July 2004 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

44 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 44 PRIORY CLOSE 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 44 PRIORY CLOSE 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
2004 19 JUL	£100,000	£189,861	47% below HPI
2001 9 FEB	£49,950	£95,519	48% below HPI

44 PRIORY 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 two 44 PRIORY CLOSE sales from February 2001 and July 2004 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 February 2001 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2004 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 44 PRIORY CLOSE be worth now?

44 PRIORY CLOSE might now be worth an estimated £175,932.

This is based on house price inflation of 75.9%, between July 2004 and February 2025, for 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 75.9% inflationary increase is applied to the most recent sale price for 44 PRIORY CLOSE of £100,000 on 19th July 2004. For the value to have increased from £100,000 to £175,932 over the 21 years and five months to February 2025, the following assumptions must hold true:

• The value of 44 PRIORY CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2004 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 44 PRIORY CLOSE has not materially changed since July 2004.

How Large is 44 PRIORY CLOSE?

44 PRIORY CLOSE is 65m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morecambe, and where 44 PRIORY CLOSE lies on this distribution: 6% of detached houses houses are smaller than 44 PRIORY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

44 PRIORY CLOSE: Plot and Title Map

44 PRIORY CLOSE sits on a plot of roughly 0.558 of an acre, or 2,259m². The below map shows the location of 44 PRIORY 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 44 PRIORY 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 44 PRIORY CLOSE?

44 PRIORY CLOSE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 44 on PRIORY CLOSE.