54, BROADWAY, MORECAMBE, LA4 5XY - £290,000

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

54 BROADWAY is a large extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £290,000 in June 2008, which was around 23% above the average June 2008 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was C.

54 BROADWAY Sold Prices

Land registry data shows two sales for 54 BROADWAY 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 54 BROADWAY 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
2008 11 JUN	£290,000	£236,531	23% above HPI
2006 4 JUL	£260,000	£217,333	20% above HPI

54 BROADWAY 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 54 BROADWAY sales from July 2006 and June 2008 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 July 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2008 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 54 BROADWAY?

54 BROADWAY is 136m², which includes three extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 54 BROADWAY lies on this distribution: 79% of detached houses are smaller than 54 BROADWAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

54 BROADWAY: Plot and Title Map

54 BROADWAY sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 54 BROADWAY, 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 54 BROADWAY). 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 54 BROADWAY?

54 BROADWAY is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 54 on BROADWAY.