18, AKEMAN CLOSE, MORECAMBE, LA3 3BP - £140,000

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.

18 AKEMAN CLOSE is a midsized extended terraced house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £211,148. It was last sold for £140,000 in March 2014, which was around 27% above the average March 2014 terraced price in the Lancaster local authority area. The most recent EPC inspection was February 2025, where the current energy rating was C, and the potential energy rating was C.

18 AKEMAN CLOSE Sold Prices

Land registry data shows two sales for 18 AKEMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. Both of the two 18 AKEMAN CLOSE 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
2014 28 MAR	£140,000	£110,326	27% above HPI
2003 30 MAY	£108,950	£63,442	72% above HPI

18 AKEMAN CLOSE 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 two 18 AKEMAN CLOSE sales from May 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 May 2003 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the March 2014 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 18 AKEMAN CLOSE be worth now?

18 AKEMAN CLOSE might now be worth an estimated £211,148.

This is based on house price inflation of 50.8%, between March 2014 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 50.8% inflationary increase is applied to the most recent sale price for 18 AKEMAN CLOSE of £140,000 on 28th March 2014. For the value to have increased from £140,000 to £211,148 over the ten years and nine months to June 2025, the following assumptions must hold true:

• The value of 18 AKEMAN CLOSE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The March 2014 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 18 AKEMAN CLOSE has not materially changed since March 2014.

How Large is 18 AKEMAN CLOSE?

18 AKEMAN CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in February 2025. This puts it in the smallest 50% 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 18 AKEMAN CLOSE lies on this distribution: 44% of terraced houses houses are smaller than 18 AKEMAN CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

18 AKEMAN CLOSE: Plot and Title Map

18 AKEMAN CLOSE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 18 AKEMAN CLOSE, 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 18 AKEMAN CLOSE). 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 18 AKEMAN CLOSE?

18 AKEMAN CLOSE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 18 on AKEMAN CLOSE.