51, ALTHAM ROAD, MORECAMBE, LA4 4RU - £156,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

51 ALTHAM ROAD is a large detached house of 119m², built sometime between 1983 and 1990. It was last sold for £156,000 in April 2014, which was around 30% below the average April 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

51 ALTHAM ROAD Sold Prices

Land registry data shows four sales for 51 ALTHAM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Most of the four 51 ALTHAM ROAD 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
2014 11 APR	£156,000	£223,688	30% below HPI
1999 16 JUN	£90,000	£85,877	5% above HPI
1997 1 SEP	£73,500	£81,476	10% below HPI
1997 13 JUN	£70,000	£81,139	14% below HPI

51 ALTHAM 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 four 51 ALTHAM ROAD sales between June 1997 and April 2014 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 June 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 51 ALTHAM ROAD?

51 ALTHAM ROAD is 119m² according to the EPC inspection conducted in December 2013. This puts it in the largest 40% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 51 ALTHAM ROAD lies on this distribution: 66% of detached houses are smaller than 51 ALTHAM ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

51 ALTHAM ROAD: Plot and Title Map

51 ALTHAM ROAD sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 51 ALTHAM 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 51 ALTHAM 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 51 ALTHAM ROAD?

51 ALTHAM ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 51 on ALTHAM ROAD.