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
58 WOODHILL LANE is a small extended detached house of 82m², built sometime between 1900 and 1929. It was last sold for £174,950 in September 2012, which was around 24% below the average September 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 58 WOODHILL LANE since 1st 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 58 WOODHILL LANE 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 |
---|---|---|---|
2012 21 SEP | £174,950 | £230,416 | 24% below HPI |
2009 18 DEC | £145,000 | £225,398 | 36% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 58 WOODHILL LANE sales from December 2009 and September 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 December 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2012 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
58 WOODHILL LANE is 82m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 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 58 WOODHILL LANE lies on this distribution: 28% of detached houses are smaller than 58 WOODHILL LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Morecambe.
58 WOODHILL LANE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 58 WOODHILL 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 58 WOODHILL 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.
58 WOODHILL LANE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 58 on WOODHILL LANE.