14, FOSS COURT, MORECAMBE, LA3 3BQ - £134,500

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.

14 FOSS COURT is a very small terraced house of 63m², built sometime between 2003 and 2006, which could now be worth an estimated £182,283. It was last sold for £134,500 in June 2018, which was around 10% above the average June 2018 terraced price in the Lancaster local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

14 FOSS COURT Sold Prices

Land registry data shows three sales for 14 FOSS COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the three 14 FOSS COURT sales were for above 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 22 JUN	£134,500	£122,776	10% above HPI
2015 22 JUL	£130,000	£117,657	10% above HPI
2003 20 NOV	£79,950	£72,982	10% above HPI

14 FOSS COURT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lancaster local authority area over time, sourced from the HPI. The three 14 FOSS COURT sales between November 2003 and June 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 July 2015 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2018 sale, which was also at 10% above the HPI.

What might 14 FOSS COURT be worth now?

14 FOSS COURT might now be worth an estimated £182,283.

This is based on house price inflation of 35.5%, between June 2018 and June 2025, for terraced 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 35.5% inflationary increase is applied to the most recent sale price for 14 FOSS COURT of £134,500 on 22nd June 2018. For the value to have increased from £134,500 to £182,283 over the seven years to June 2025, the following assumptions must hold true:

• The value of 14 FOSS COURT has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The June 2018 sale price of £134,500 represented a fair market value for the property.
• The size, condition, and specification of 14 FOSS COURT has not materially changed since June 2018.

How Large is 14 FOSS COURT?

14 FOSS COURT is 63m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of terraced houses houses in Morecambe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Morecambe, and where 14 FOSS COURT lies on this distribution: 5% of terraced houses houses are smaller than 14 FOSS COURT, and 95% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

14 FOSS COURT: Plot and Title Map

14 FOSS COURT sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 14 FOSS COURT, 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 FOSS COURT). 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 FOSS COURT?

14 FOSS COURT is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 14 on FOSS COURT.