7, REGENT PARK AVENUE, MORECAMBE, LA4 4QW - £132,000

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 REGENT PARK AVENUE is a midsized extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £132,000 in October 2011, which was around 40% below the average October 2011 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

7 REGENT PARK AVENUE Sold Prices

Land registry data shows two sales for 7 REGENT PARK AVENUE 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 REGENT PARK AVENUE 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 20 OCT	£132,000	£218,640	40% below HPI
2005 27 APR	£117,000	£191,648	39% below HPI

7 REGENT PARK AVENUE 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 REGENT PARK AVENUE sales from April 2005 and October 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 April 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 7 REGENT PARK AVENUE?

7 REGENT PARK AVENUE is 106m², which includes one extension, according to the EPC inspection conducted in February 2011. 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 REGENT PARK AVENUE lies on this distribution: 53% of detached houses are smaller than 7 REGENT PARK AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

7 REGENT PARK AVENUE: Plot and Title Map

7 REGENT PARK AVENUE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 7 REGENT PARK AVENUE, 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 REGENT PARK AVENUE). 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 REGENT PARK AVENUE?

7 REGENT PARK AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 7 on REGENT PARK AVENUE.