14, FAIRLEA AVENUE, MORECAMBE, LA4 6JY - £250,000

14 FAIRLEA AVENUE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £250,000 in September 2016, which was around 2% above the average September 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

14 FAIRLEA AVENUE Sold Prices

Land registry data shows three sales for 14 FAIRLEA AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. One of the three 14 FAIRLEA AVENUE sales was for above the average price, whilst two 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
2016 30 SEP	£250,000	£245,504	2% above HPI
2003 10 DEC	£142,000	£161,819	12% below HPI
2002 24 JAN	£50,000	£106,787	53% below HPI

14 FAIRLEA 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 three 14 FAIRLEA AVENUE sales between January 2002 and September 2016 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 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2016 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 14 FAIRLEA AVENUE?

14 FAIRLEA AVENUE is 68m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 14 FAIRLEA AVENUE lies on this distribution: 9% of detached houses are smaller than 14 FAIRLEA AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

14 FAIRLEA AVENUE: Plot and Title Map

14 FAIRLEA AVENUE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 14 FAIRLEA 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 14 FAIRLEA 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 14 FAIRLEA AVENUE?

14 FAIRLEA AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 14 on FAIRLEA AVENUE.