8C, SOUTH ROAD, MORECAMBE, LA4 5RA - £300,000

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.

8C SOUTH ROAD is a large detached house of 117m², which could now be worth an estimated £352,327. It was last sold for £300,000 in March 2021, which was around 5% above the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

8C SOUTH ROAD Sold Prices

Land registry data shows two sales for 8C SOUTH ROAD 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. One of the two 8C SOUTH ROAD sales was for above the average price, whilst the other was 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
2021 8 MAR	£300,000	£284,417	5% above HPI
2018 4 SEP	£249,950	£255,150	2% below HPI

8C SOUTH 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 two 8C SOUTH ROAD sales from September 2018 and March 2021 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 September 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8C SOUTH ROAD be worth now?

8C SOUTH ROAD might now be worth an estimated £352,327.

This is based on house price inflation of 17.4%, between March 2021 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 17.4% inflationary increase is applied to the most recent sale price for 8C SOUTH ROAD of £300,000 on 8th March 2021. For the value to have increased from £300,000 to £352,327 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8C SOUTH ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 8C SOUTH ROAD has not materially changed since March 2021.

How Large is 8C SOUTH ROAD?

8C SOUTH ROAD is 117m² according to the EPC inspection conducted in April 2018. 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 8C SOUTH ROAD lies on this distribution: 63% of detached houses houses are smaller than 8C SOUTH ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

8C SOUTH ROAD: Plot and Title Map

8C SOUTH ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8C SOUTH 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 8C SOUTH 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 8C SOUTH ROAD?

8C SOUTH ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 8C on SOUTH ROAD.