6, CLOISTERS, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RG - £180,950

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

6 CLOISTERS is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £180,950 in March 2016, which was around 24% below the average March 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

6 CLOISTERS Sold Prices

Land registry data shows two sales for 6 CLOISTERS 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 6 CLOISTERS 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
2016 31 MAR	£180,950	£237,955	24% below HPI
2002 19 APR	£93,000	£108,896	15% below HPI

6 CLOISTERS 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 6 CLOISTERS sales from April 2002 and March 2016 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 April 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 6 CLOISTERS?

6 CLOISTERS is 94m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 6 CLOISTERS lies on this distribution: 39% of detached houses are smaller than 6 CLOISTERS, and 60% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

6 CLOISTERS: Plot and Title Map

6 CLOISTERS sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 6 CLOISTERS, 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 6 CLOISTERS). 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 6 CLOISTERS?

6 CLOISTERS is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 6 on CLOISTERS.