5, CALDER WAY, MORECAMBE, LA3 3RX - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CALDER WAY is a very large extended detached house of 144m², built sometime between 1991 and 1995, which could now be worth an estimated £366,369. It was last sold for £300,000 in November 2020, which was around 10% above the average November 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

5 CALDER WAY Sold Prices

Land registry data shows two sales for 5 CALDER WAY 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 5 CALDER WAY 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
2020 25 NOV	£300,000	£273,516	10% above HPI
2000 29 SEP	£135,000	£91,190	48% above HPI

5 CALDER WAY 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 5 CALDER WAY sales from September 2000 and November 2020 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 September 2000 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 CALDER WAY be worth now?

5 CALDER WAY might now be worth an estimated £366,369.

This is based on house price inflation of 22.1%, between November 2020 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 22.1% inflationary increase is applied to the most recent sale price for 5 CALDER WAY of £300,000 on 25th November 2020. For the value to have increased from £300,000 to £366,369 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 CALDER WAY has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CALDER WAY has not materially changed since November 2020.

How Large is 5 CALDER WAY?

5 CALDER WAY is 144m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 20% 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 5 CALDER WAY lies on this distribution: 82% of detached houses houses are smaller than 5 CALDER WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

5 CALDER WAY: Plot and Title Map

5 CALDER WAY sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 5 CALDER WAY, 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 5 CALDER WAY). 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 5 CALDER WAY?

5 CALDER WAY is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 5 on CALDER WAY.