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 WOODRUSH is a small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £212,500 in May 2016, which was around 12% 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.
Land registry data shows four sales for 45 WOODRUSH since 1st 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. All of the four 45 WOODRUSH 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 |
---|---|---|---|
2016 13 MAY | £212,500 | £242,787 | 12% below HPI |
2010 23 MAR | £215,000 | £223,873 | 4% below HPI |
2004 22 DEC | £172,500 | £206,263 | 16% below HPI |
2000 8 JUN | £86,750 | £89,289 | 3% below HPI |
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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
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 in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 45 WOODRUSH lies on this distribution: 28% of detached 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 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.
45 WOODRUSH is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 45 on WOODRUSH.