45, BARE AVENUE, MORECAMBE, LA4 6BD - £224,000

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

45 BARE AVENUE is a very large extended detached house of 157m², built sometime between 1967 and 1975. It was last sold for £224,000 in September 2017, which was around 9% below the average September 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

45 BARE AVENUE Sold Prices

Land registry data shows five sales for 45 BARE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Most of the five 45 BARE AVENUE sales were 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 27 SEP	£224,000	£246,485	9% below HPI
2012 17 MAY	£218,500	£217,357	1% above HPI
2002 8 MAR	£158,000	£109,196	45% above HPI
2001 9 MAR	£110,000	£95,451	15% above HPI
1996 2 APR	£57,500	£75,276	24% below HPI

45 BARE AVENUE 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 five 45 BARE AVENUE sales between April 1996 and September 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 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 45 BARE AVENUE?

45 BARE AVENUE is 157m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 20% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 45 BARE AVENUE lies on this distribution: 87% of detached houses are smaller than 45 BARE AVENUE, and 13% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

45 BARE AVENUE: Plot and Title Map

45 BARE AVENUE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 45 BARE 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 45 BARE 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 45 BARE AVENUE?

45 BARE AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 45 on BARE AVENUE.