126A, BALMORAL ROAD, MORECAMBE, LA3 1ST - £175,000

126A BALMORAL ROAD is a very large extended detached house of 145m², built sometime between 1930 and 1949. It was last sold for £175,000 in October 2018, which was around 33% below the average October 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

126A BALMORAL ROAD Sold Prices

Land registry data shows four sales for 126A BALMORAL ROAD 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 126A BALMORAL ROAD 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
2018 11 OCT	£175,000	£261,581	33% below HPI
2008 14 MAY	£145,000	£235,827	39% below HPI
2007 14 MAR	£145,000	£225,335	36% below HPI
2000 2 JUN	£55,000	£89,289	38% below HPI

126A BALMORAL 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 four 126A BALMORAL ROAD sales between June 2000 and October 2018 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 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2018 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 126A BALMORAL ROAD?

126A BALMORAL ROAD is 145m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 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 126A BALMORAL ROAD lies on this distribution: 83% of detached houses are smaller than 126A BALMORAL ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

126A BALMORAL ROAD: Plot and Title Map

126A BALMORAL ROAD sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 126A BALMORAL 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 126A BALMORAL 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 126A BALMORAL ROAD?

126A BALMORAL ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 126A on BALMORAL ROAD.