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
7 BEAUFORT GROVE is a midsized detached house of 106m², built sometime between 1930 and 1949. It was last sold for £245,000 in July 2022, which was around 25% below the average July 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 BEAUFORT GROVE since 1st 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. All of the three 7 BEAUFORT GROVE 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 |
---|---|---|---|
2022 28 JUL | £245,000 | £328,106 | 25% below HPI |
2015 7 SEP | £199,950 | £239,826 | 17% below HPI |
2001 12 APR | £78,125 | £94,799 | 18% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 7 BEAUFORT GROVE sales between April 2001 and July 2022 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 September 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
7 BEAUFORT GROVE is 106m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 7 BEAUFORT GROVE lies on this distribution: 52% of detached houses are smaller than 7 BEAUFORT GROVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Morecambe.
7 BEAUFORT GROVE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 7 BEAUFORT GROVE, 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 7 BEAUFORT GROVE). 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.
7 BEAUFORT GROVE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 7 on BEAUFORT GROVE.