9, RANLEA AVENUE, MORECAMBE, LA4 6QF - £200,000

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

9 RANLEA AVENUE is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £200,000 in February 2019, which was around 24% below the average February 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

9 RANLEA AVENUE Sold Prices

Land registry data shows two sales for 9 RANLEA AVENUE 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 9 RANLEA AVENUE 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
2019 8 FEB	£200,000	£261,440	24% below HPI
2016 2 DEC	£167,500	£248,019	32% below HPI

9 RANLEA AVENUE 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 9 RANLEA AVENUE sales from December 2016 and February 2019 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 December 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2019 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 9 RANLEA AVENUE?

9 RANLEA AVENUE is 73m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 9 RANLEA AVENUE lies on this distribution: 15% of detached houses are smaller than 9 RANLEA AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

9 RANLEA AVENUE: Plot and Title Map

9 RANLEA AVENUE sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 9 RANLEA AVENUE, 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 9 RANLEA AVENUE). 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 9 RANLEA AVENUE?

9 RANLEA AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 9 on RANLEA AVENUE.