16, WESTGATE, MORECAMBE, LA3 3LN - £197,500

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.

16 WESTGATE is a very large extended semi-detached house of 154m², built sometime between 1900 and 1929, which could now be worth an estimated £292,995. It was last sold for £197,500 in February 2016, which was around 36% above the average February 2016 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

16 WESTGATE Sold Prices

Land registry data shows three sales for 16 WESTGATE 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 16 WESTGATE 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
2016 1 FEB	£197,500	£145,018	36% above HPI
2011 17 JUN	£158,000	£127,630	24% above HPI
2000 29 SEP	£75,500	£53,767	40% above HPI

16 WESTGATE 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 16 WESTGATE sales between September 2000 and February 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 June 2011 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2016 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 16 WESTGATE be worth now?

16 WESTGATE might now be worth an estimated £292,995.

This is based on house price inflation of 48.4%, between February 2016 and May 2026, 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 48.4% inflationary increase is applied to the most recent sale price for 16 WESTGATE of £197,500 on 1st February 2016. For the value to have increased from £197,500 to £292,995 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 16 WESTGATE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The February 2016 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 16 WESTGATE has not materially changed since February 2016.

How Large is 16 WESTGATE?

16 WESTGATE is 154m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 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 16 WESTGATE lies on this distribution: 85% of semi-detached houses houses are smaller than 16 WESTGATE, and 15% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

16 WESTGATE: Plot and Title Map

16 WESTGATE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 16 WESTGATE, 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 16 WESTGATE). 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 16 WESTGATE?

16 WESTGATE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 16 on WESTGATE.