48, HEST BANK ROAD, MORECAMBE, LA4 6HL - £310,000

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

48 HEST BANK ROAD is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £310,000 in August 2018, which was around 19% above the average August 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

48 HEST BANK ROAD Sold Prices

Land registry data shows two sales for 48 HEST BANK ROAD 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. One of the two 48 HEST BANK ROAD sales was for above the average price, whilst the other was 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
2018 24 AUG	£310,000	£260,343	19% above HPI
2003 17 JAN	£121,950	£137,492	11% below HPI

48 HEST BANK ROAD 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 48 HEST BANK ROAD sales from January 2003 and August 2018 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 January 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 48 HEST BANK ROAD?

48 HEST BANK ROAD is 160m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 48 HEST BANK ROAD lies on this distribution: 87% of detached houses are smaller than 48 HEST BANK ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

48 HEST BANK ROAD: Plot and Title Map

48 HEST BANK ROAD sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 48 HEST BANK ROAD, 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 48 HEST BANK ROAD). 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 48 HEST BANK ROAD?

48 HEST BANK ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 48 on HEST BANK ROAD.