5, PARKSIDE, MORECAMBE, LA4 4TJ - £163,000

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

5 PARKSIDE is a midsized detached house of 108m², built sometime between 1967 and 1975. It was last sold for £163,000 in September 2016, which was around 34% below the average September 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

5 PARKSIDE Sold Prices

Land registry data shows two sales for 5 PARKSIDE 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 PARKSIDE 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 1 SEP	£163,000	£245,504	34% below HPI
2000 14 APR	£82,000	£89,271	8% below HPI

5 PARKSIDE 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 PARKSIDE sales from April 2000 and September 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 April 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 5 PARKSIDE?

5 PARKSIDE is 108m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 5 PARKSIDE lies on this distribution: 54% of detached houses are smaller than 5 PARKSIDE, and 45% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

5 PARKSIDE: Plot and Title Map

5 PARKSIDE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 5 PARKSIDE, 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 PARKSIDE). 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 PARKSIDE?

5 PARKSIDE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 5 on PARKSIDE.