1, MARSH CLOSE, COCKERHAM, LANCASTER, LA2 0EH - £195,000

1 MARSH CLOSE is a very small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £195,000 in October 2021, which was around 36% below the average October 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2018, where the current energy rating was F, and the potential energy rating was C.

1 MARSH CLOSE Sold Prices

Land registry data shows four sales for 1 MARSH CLOSE 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. All of the four 1 MARSH CLOSE 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
2021 7 OCT	£195,000	£305,076	36% below HPI
2019 23 MAY	£147,000	£258,003	43% below HPI
2000 28 JAN	£63,500	£87,724	28% below HPI
1998 27 APR	£63,500	£83,616	24% below HPI

1 MARSH CLOSE 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 1 MARSH CLOSE sales between April 1998 and October 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 May 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 MARSH CLOSE?

1 MARSH CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Cockerham, based on EPC data. The below chart shows the distribution of detached houses by size in Cockerham, and where 1 MARSH CLOSE lies on this distribution: 16% of detached houses are smaller than 1 MARSH CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Cockerham.

1 MARSH CLOSE: Plot and Title Map

1 MARSH CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 1 MARSH CLOSE, 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 1 MARSH CLOSE). 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 1 MARSH CLOSE?

1 MARSH CLOSE is located in COCKERHAM, in the LA2 postcode district. The below map shows the position of No. 1 on MARSH CLOSE.