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 WYNDHAM PLACE is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £272,000 in September 2023, which was around 23% below the average September 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 WYNDHAM PLACE 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 WYNDHAM PLACE 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 |
---|---|---|---|
2023 14 SEP | £272,000 | £355,358 | 23% below HPI |
2011 23 NOV | £164,000 | £215,058 | 24% below HPI |
1996 22 AUG | £55,500 | £78,615 | 29% 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 WYNDHAM PLACE sales between August 1996 and September 2023 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 November 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
7 WYNDHAM PLACE is 74m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% 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 WYNDHAM PLACE lies on this distribution: 16% of detached houses are smaller than 7 WYNDHAM PLACE, and 83% of houses are larger. Note that EPC data is not available for all properties in Morecambe.
7 WYNDHAM PLACE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 7 WYNDHAM PLACE, 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 WYNDHAM PLACE). 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 WYNDHAM PLACE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 7 on WYNDHAM PLACE.