45, WOODRUSH, MORECAMBE, LA4 6JB - £212,500

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.

45 WOODRUSH is a small extended detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £301,391. It was last sold for £212,500 in May 2016, which was around 10% below the average May 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

45 WOODRUSH Sold Prices

Land registry data shows four sales for 45 WOODRUSH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The four 45 WOODRUSH sales were a mix of below the average price, and roughly equal to 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
2016 13 MAY	£212,500	£235,510	10% below HPI
2010 23 MAR	£215,000	£217,162	1% below HPI
2004 22 DEC	£172,500	£200,081	14% below HPI
2000 8 JUN	£86,750	£86,613	Close to HPI

45 WOODRUSH 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 four 45 WOODRUSH sales between June 2000 and May 2016 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 March 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 45 WOODRUSH be worth now?

45 WOODRUSH might now be worth an estimated £301,391.

This is based on house price inflation of 41.8%, between May 2016 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 41.8% inflationary increase is applied to the most recent sale price for 45 WOODRUSH of £212,500 on 13th May 2016. For the value to have increased from £212,500 to £301,391 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 45 WOODRUSH has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2016 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 45 WOODRUSH has not materially changed since May 2016.

How Large is 45 WOODRUSH?

45 WOODRUSH is 82m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% 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 45 WOODRUSH lies on this distribution: 28% of detached houses houses are smaller than 45 WOODRUSH, and 71% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

45 WOODRUSH: Plot and Title Map

45 WOODRUSH sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 45 WOODRUSH, 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 WOODRUSH). 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 WOODRUSH?

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