61, DEVONSHIRE ROAD, MORECAMBE, LA3 1AW - £110,000

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.

61 DEVONSHIRE ROAD is a midsized detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £177,664. It was last sold for £110,000 in May 2011, which was around 47% below the average May 2011 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

61 DEVONSHIRE ROAD Sold Prices

Land registry data shows two sales for 61 DEVONSHIRE ROAD 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 61 DEVONSHIRE ROAD 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
2011 27 MAY	£110,000	£206,811	47% below HPI
1996 22 MAR	£50,000	£72,483	31% below HPI

61 DEVONSHIRE ROAD 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 61 DEVONSHIRE ROAD sales from March 1996 and May 2011 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 March 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2011 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 61 DEVONSHIRE ROAD be worth now?

61 DEVONSHIRE ROAD might now be worth an estimated £177,664.

This is based on house price inflation of 61.5%, between May 2011 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 61.5% inflationary increase is applied to the most recent sale price for 61 DEVONSHIRE ROAD of £110,000 on 27th May 2011. For the value to have increased from £110,000 to £177,664 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 61 DEVONSHIRE ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2011 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 61 DEVONSHIRE ROAD has not materially changed since May 2011.

How Large is 61 DEVONSHIRE ROAD?

61 DEVONSHIRE ROAD is 104m² according to the EPC inspection conducted in August 2010. 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 61 DEVONSHIRE ROAD lies on this distribution: 51% of detached houses houses are smaller than 61 DEVONSHIRE ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

61 DEVONSHIRE ROAD: Plot and Title Map

61 DEVONSHIRE ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 61 DEVONSHIRE ROAD, 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 61 DEVONSHIRE ROAD). 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 61 DEVONSHIRE ROAD?

61 DEVONSHIRE ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 61 on DEVONSHIRE ROAD.