83, BARE LANE, MORECAMBE, LA4 6RN - £175,000

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

83 BARE LANE is a small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £175,000 in May 2014, which was around 23% below the average May 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

83 BARE LANE Sold Prices

Land registry data shows two sales for 83 BARE LANE 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 83 BARE LANE 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
2014 8 MAY	£175,000	£226,941	23% below HPI
1998 20 APR	£76,500	£83,616	9% below HPI

83 BARE LANE 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 83 BARE LANE sales from April 1998 and May 2014 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 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 83 BARE LANE?

83 BARE LANE is 82m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 83 BARE LANE lies on this distribution: 28% of detached houses are smaller than 83 BARE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

83 BARE LANE: Plot and Title Map

83 BARE LANE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 83 BARE LANE, 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 83 BARE LANE). 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 83 BARE LANE?

83 BARE LANE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 83 on BARE LANE.