6, WATLING CLOSE, MORECAMBE, LA3 3BG - £202,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 WATLING CLOSE is a midsized extended detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £275,136. It was last sold for £202,500 in December 2018, which was around 18% below the average December 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

6 WATLING CLOSE Sold Prices

Land registry data shows three sales for 6 WATLING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Two of the three 6 WATLING CLOSE sales were for below the average price, whilst one was 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
2018 7 DEC	£202,500	£245,843	18% below HPI
2006 3 APR	£184,000	£208,421	12% below HPI
2000 11 FEB	£89,995	£86,131	4% above HPI

6 WATLING CLOSE 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 three 6 WATLING CLOSE sales between February 2000 and December 2018 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 6 WATLING CLOSE be worth now?

6 WATLING CLOSE might now be worth an estimated £275,136.

This is based on house price inflation of 35.9%, between December 2018 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 35.9% inflationary increase is applied to the most recent sale price for 6 WATLING CLOSE of £202,500 on 7th December 2018. For the value to have increased from £202,500 to £275,136 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 WATLING CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2018 sale price of £202,500 represented a fair market value for the property.
• The size, condition, and specification of 6 WATLING CLOSE has not materially changed since December 2018.

How Large is 6 WATLING CLOSE?

6 WATLING CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% 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 WATLING CLOSE lies on this distribution: 51% of detached houses houses are smaller than 6 WATLING CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

6 WATLING CLOSE: Plot and Title Map

6 WATLING CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 6 WATLING CLOSE, 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 WATLING CLOSE). 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 WATLING CLOSE?

6 WATLING CLOSE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 6 on WATLING CLOSE.