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

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

8 FOSS COURT is a large detached house of 120m², built sometime between 1991 and 1995. It was last sold for £218,000 in May 2016, which was around 10% 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	£242,787	10% below HPI
2003 7 NOV	£152,950	£160,571	5% 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

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 in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 8 FOSS COURT lies on this distribution: 67% of detached houses are smaller than 8 FOSS COURT, and 32% 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.