67, GRINGLEY ROAD, MORECAMBE, LA4 4SE - £125,000

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.

67 GRINGLEY ROAD is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £185,057. It was last sold for £125,000 in August 2014, which was around 45% below the average August 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

67 GRINGLEY ROAD Sold Prices

Land registry data shows two sales for 67 GRINGLEY 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 67 GRINGLEY 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
2014 15 AUG	£125,000	£225,624	45% below HPI
1997 20 JUN	£46,500	£78,707	41% below HPI

67 GRINGLEY 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 67 GRINGLEY ROAD sales from June 1997 and August 2014 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 June 1997 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2014 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 67 GRINGLEY ROAD be worth now?

67 GRINGLEY ROAD might now be worth an estimated £185,057.

This is based on house price inflation of 48%, between August 2014 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 48% inflationary increase is applied to the most recent sale price for 67 GRINGLEY ROAD of £125,000 on 15th August 2014. For the value to have increased from £125,000 to £185,057 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 67 GRINGLEY ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 67 GRINGLEY ROAD has not materially changed since August 2014.

How Large is 67 GRINGLEY ROAD?

67 GRINGLEY ROAD is 65m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 67 GRINGLEY ROAD lies on this distribution: 6% of detached houses houses are smaller than 67 GRINGLEY ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

67 GRINGLEY ROAD: Plot and Title Map

67 GRINGLEY ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 67 GRINGLEY 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 67 GRINGLEY 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 67 GRINGLEY ROAD?

67 GRINGLEY ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 67 on GRINGLEY ROAD.