7, LEAMINGTON ROAD, MORECAMBE, LA4 4RL - £138,000

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 LEAMINGTON ROAD is a very small detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £213,180. It was last sold for £138,000 in August 2011, which was around 36% below the average August 2011 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was D.

7 LEAMINGTON ROAD Sold Prices

Land registry data shows three sales for 7 LEAMINGTON ROAD 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. All of the three 7 LEAMINGTON 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 5 AUG	£138,000	£216,228	36% below HPI
2008 27 JUN	£179,950	£229,441	22% below HPI
2004 12 JUL	£115,000	£189,861	39% below HPI

7 LEAMINGTON 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 three 7 LEAMINGTON ROAD sales between July 2004 and August 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 June 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2011 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 7 LEAMINGTON ROAD be worth now?

7 LEAMINGTON ROAD might now be worth an estimated £213,180.

This is based on house price inflation of 54.5%, between August 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 54.5% inflationary increase is applied to the most recent sale price for 7 LEAMINGTON ROAD of £138,000 on 5th August 2011. For the value to have increased from £138,000 to £213,180 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 7 LEAMINGTON ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2011 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LEAMINGTON ROAD has not materially changed since August 2011.

How Large is 7 LEAMINGTON ROAD?

7 LEAMINGTON ROAD is 58m² according to the EPC inspection conducted in March 2009. 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 7 LEAMINGTON ROAD lies on this distribution: 3% of detached houses houses are smaller than 7 LEAMINGTON ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

7 LEAMINGTON ROAD: Plot and Title Map

7 LEAMINGTON ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 7 LEAMINGTON 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 7 LEAMINGTON 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 7 LEAMINGTON ROAD?

7 LEAMINGTON ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 7 on LEAMINGTON ROAD.