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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 CLOISTERS is a small extended detached house of 94m², built sometime between 1991 and 1995, which could now be worth an estimated £261,855. It was last sold for £180,950 in March 2016, which was around 22% 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	£230,822	22% below HPI
2002 19 APR	£93,000	£105,632	12% 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 6 CLOISTERS be worth now?

6 CLOISTERS might now be worth an estimated £261,855.

This is based on house price inflation of 44.7%, between March 2016 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.7% inflationary increase is applied to the most recent sale price for 6 CLOISTERS of £180,950 on 31st March 2016. For the value to have increased from £180,950 to £261,855 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 6 CLOISTERS has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2016 sale price of £180,950 represented a fair market value for the property.
• The size, condition, and specification of 6 CLOISTERS has not materially changed since March 2016.

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 houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morecambe, and where 6 CLOISTERS lies on this distribution: 38% of detached houses houses are smaller than 6 CLOISTERS, and 61% 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.