5, PARKSIDE, MORECAMBE, LA4 4TJ - £320,000

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.

5 PARKSIDE is a midsized detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £316,809. It was last sold for £320,000 in January 2025, which was around 5% below the average January 2025 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 three sales for 5 PARKSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 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
2025 31 JAN	£320,000	£337,390	5% below HPI
2016 1 SEP	£163,000	£238,145	32% below HPI
2000 14 APR	£82,000	£86,595	5% 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 three 5 PARKSIDE sales between April 2000 and January 2025 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 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2025 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 PARKSIDE be worth now?

5 PARKSIDE might now be worth an estimated £316,809.

This is based on house price deflation of 1%, between January 2025 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 1% deflationary decrease is applied to the most recent sale price for 5 PARKSIDE of £320,000 on 31st January 2025. For the value to have decreased from £320,000 to £316,809 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 5 PARKSIDE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The January 2025 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKSIDE has not materially changed since January 2025.

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 houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morecambe, and where 5 PARKSIDE lies on this distribution: 54% of detached houses 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.