86, BALMORAL ROAD, MORECAMBE, LA4 4JR - £221,000

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

86 BALMORAL ROAD is a midsized extended detached house of 98m², built sometime between 1900 and 1929. It was last sold for £221,000 in March 2023, which was around 35% below the average March 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

86 BALMORAL ROAD Sold Prices

Land registry data shows three sales for 86 BALMORAL ROAD since 1^st 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 86 BALMORAL ROAD 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 17 MAR	£221,000	£339,573	35% below HPI
2014 28 NOV	£128,000	£231,828	45% below HPI
1997 5 JUN	£39,950	£81,139	51% below HPI

86 BALMORAL ROAD 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 three 86 BALMORAL ROAD sales between June 1997 and March 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 2014 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 86 BALMORAL ROAD?

86 BALMORAL ROAD is 98m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 86 BALMORAL ROAD lies on this distribution: 43% of detached houses are smaller than 86 BALMORAL ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

86 BALMORAL ROAD: Plot and Title Map

86 BALMORAL ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 86 BALMORAL ROAD, 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 86 BALMORAL ROAD). 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 86 BALMORAL ROAD?

86 BALMORAL ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 86 on BALMORAL ROAD.