8, FOSS COURT, MORECAMBE, LA3 3BQ - £218,000

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.

8 FOSS COURT is a large detached house of 120m², built sometime between 1991 and 1995, which could now be worth an estimated £309,191. It was last sold for £218,000 in May 2016, which was around 7% below the average May 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

8 FOSS COURT Sold Prices

Land registry data shows two sales for 8 FOSS COURT 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 8 FOSS COURT 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
2016 23 MAY	£218,000	£235,510	7% below HPI
2003 7 NOV	£152,950	£155,758	2% below HPI

8 FOSS COURT 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 8 FOSS COURT sales from November 2003 and May 2016 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 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 FOSS COURT be worth now?

8 FOSS COURT might now be worth an estimated £309,191.

This is based on house price inflation of 41.8%, between May 2016 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 41.8% inflationary increase is applied to the most recent sale price for 8 FOSS COURT of £218,000 on 23rd May 2016. For the value to have increased from £218,000 to £309,191 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 8 FOSS COURT has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2016 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FOSS COURT has not materially changed since May 2016.

How Large is 8 FOSS COURT?

8 FOSS COURT is 120m² according to the EPC inspection conducted in February 2015. This puts it in the largest 40% 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 8 FOSS COURT lies on this distribution: 67% of detached houses houses are smaller than 8 FOSS COURT, and 33% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

8 FOSS COURT: Plot and Title Map

8 FOSS COURT sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 8 FOSS COURT, 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 8 FOSS COURT). 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 8 FOSS COURT?

8 FOSS COURT is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 8 on FOSS COURT.