1, PARKSIDE, MORECAMBE, LA4 4TJ - £220,000

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.

1 PARKSIDE is a midsized detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £232,179. It was last sold for £220,000 in April 2022, which was around 28% below the average April 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

1 PARKSIDE Sold Prices

Land registry data shows four sales for 1 PARKSIDE 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 PARKSIDE 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
2022 22 APR	£220,000	£305,184	28% below HPI
2006 17 NOV	£179,000	£215,691	17% below HPI
2003 4 APR	£110,000	£130,155	15% below HPI
2000 14 SEP	£79,000	£91,190	13% below HPI

1 PARKSIDE 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 PARKSIDE sales between September 2000 and April 2022 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 PARKSIDE be worth now?

1 PARKSIDE might now be worth an estimated £232,179.

This is based on house price inflation of 5.5%, between April 2022 and June 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 5.5% inflationary increase is applied to the most recent sale price for 1 PARKSIDE of £220,000 on 22nd April 2022. For the value to have increased from £220,000 to £232,179 over the two years and ten months to June 2025, the following assumptions must hold true:

• The value of 1 PARKSIDE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The April 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PARKSIDE has not materially changed since April 2022.

How Large is 1 PARKSIDE?

1 PARKSIDE is 99m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% 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 1 PARKSIDE lies on this distribution: 44% of detached houses houses are smaller than 1 PARKSIDE, and 55% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

1 PARKSIDE: Plot and Title Map

1 PARKSIDE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 1 PARKSIDE, 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 PARKSIDE). 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 PARKSIDE?

1 PARKSIDE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 1 on PARKSIDE.