50, BARE LANE, MORECAMBE, LA4 6LL - £305,000

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

50 BARE LANE is a very large extended detached house of 145m², built sometime before 1900. It was last sold for £305,000 in February 2012, which was around 36% above the average February 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

50 BARE LANE Sold Prices

Land registry data shows two sales for 50 BARE LANE 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 50 BARE LANE 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
2012 24 FEB	£305,000	£223,547	36% above HPI
1997 13 AUG	£94,000	£82,033	15% above HPI

50 BARE LANE 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 50 BARE LANE sales from August 1997 and February 2012 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 August 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2012 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 50 BARE LANE?

50 BARE LANE is 145m², which includes two extensions, according to the EPC inspection conducted in September 2009. 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 50 BARE LANE lies on this distribution: 83% of detached houses are smaller than 50 BARE LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

50 BARE LANE: Plot and Title Map

50 BARE LANE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 50 BARE LANE, 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 50 BARE LANE). 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 50 BARE LANE?

50 BARE LANE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 50 on BARE LANE.