12, ASHBOURNE GROVE, MORECAMBE, LA3 3NH - £125,000

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.

12 ASHBOURNE GROVE is a very small semi-detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £190,073. It was last sold for £125,000 in March 2014, which was around 8% below the average March 2014 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

12 ASHBOURNE GROVE Sold Prices

Land registry data shows three sales for 12 ASHBOURNE GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the three 12 ASHBOURNE GROVE 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
2014 10 MAR	£125,000	£136,098	8% below HPI
2013 28 MAR	£124,950	£131,120	5% below HPI
2003 17 NOV	£85,000	£96,232	12% below HPI

12 ASHBOURNE GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 12 ASHBOURNE GROVE sales between November 2003 and March 2014 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 March 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 12 ASHBOURNE GROVE be worth now?

12 ASHBOURNE GROVE might now be worth an estimated £190,073.

This is based on house price inflation of 52.1%, between March 2014 and June 2025, for semi-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 52.1% inflationary increase is applied to the most recent sale price for 12 ASHBOURNE GROVE of £125,000 on 10th March 2014. For the value to have increased from £125,000 to £190,073 over the ten years and nine months to June 2025, the following assumptions must hold true:

• The value of 12 ASHBOURNE GROVE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The March 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ASHBOURNE GROVE has not materially changed since March 2014.

How Large is 12 ASHBOURNE GROVE?

12 ASHBOURNE GROVE is 75m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of semi-detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morecambe, and where 12 ASHBOURNE GROVE lies on this distribution: 17% of semi-detached houses houses are smaller than 12 ASHBOURNE GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

12 ASHBOURNE GROVE: Plot and Title Map

12 ASHBOURNE GROVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 12 ASHBOURNE GROVE, 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 12 ASHBOURNE GROVE). 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 12 ASHBOURNE GROVE?

12 ASHBOURNE GROVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 12 on ASHBOURNE GROVE.