7, HYNDBURN CLOSE, MORECAMBE, LA3 3SQ - £270,000

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.

7 HYNDBURN CLOSE is a very large detached house of 152m², built sometime between 1996 and 2002, which could now be worth an estimated £358,068. It was last sold for £270,000 in March 2019, which was around 7% above the average March 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

7 HYNDBURN CLOSE Sold Prices

Land registry data shows two sales for 7 HYNDBURN CLOSE 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 7 HYNDBURN CLOSE sales were 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
2019 8 MAR	£270,000	£251,871	7% above HPI
2000 31 MAR	£120,000	£85,639	40% above HPI

7 HYNDBURN 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 two 7 HYNDBURN CLOSE sales from March 2000 and March 2019 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 2000 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 7 HYNDBURN CLOSE be worth now?

7 HYNDBURN CLOSE might now be worth an estimated £358,068.

This is based on house price inflation of 32.6%, between March 2019 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 32.6% inflationary increase is applied to the most recent sale price for 7 HYNDBURN CLOSE of £270,000 on 8th March 2019. For the value to have increased from £270,000 to £358,068 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 7 HYNDBURN CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HYNDBURN CLOSE has not materially changed since March 2019.

How Large is 7 HYNDBURN CLOSE?

7 HYNDBURN CLOSE is 152m² according to the EPC inspection conducted in May 2009. This puts it in the largest 20% 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 7 HYNDBURN CLOSE lies on this distribution: 84% of detached houses houses are smaller than 7 HYNDBURN CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

7 HYNDBURN CLOSE: Plot and Title Map

7 HYNDBURN CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 7 HYNDBURN 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 7 HYNDBURN 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 7 HYNDBURN CLOSE?

7 HYNDBURN CLOSE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 7 on HYNDBURN CLOSE.