8, KENT WAY, MORECAMBE, LA3 3SG - £190,000

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 KENT WAY is a midsized detached house of 108m², built sometime between 1996 and 2002. It was last sold for £190,000 in January 2012, which was around 14% below the average January 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

8 KENT WAY Sold Prices

Land registry data shows four sales for 8 KENT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Most of the four 8 KENT WAY 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
2012 27 JAN	£190,000	£220,838	14% below HPI
2007 23 FEB	£219,950	£225,444	2% below HPI
2005 23 NOV	£205,000	£210,292	3% below HPI
2000 24 AUG	£102,250	£91,558	12% above HPI

8 KENT WAY 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 four 8 KENT WAY sales between August 2000 and January 2012 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 February 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 KENT WAY?

8 KENT WAY is 108m² according to the EPC inspection conducted in October 2015. 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 8 KENT WAY lies on this distribution: 54% of detached houses are smaller than 8 KENT WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

8 KENT WAY: Plot and Title Map

8 KENT WAY sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 8 KENT WAY, 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 KENT WAY). 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 KENT WAY?

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