2, ASHBOURNE GROVE, MORECAMBE, LA3 3NH - £135,000

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.

2 ASHBOURNE GROVE is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £198,460. It was last sold for £135,000 in August 2010, which was around 4% below the average August 2010 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

2 ASHBOURNE GROVE Sold Prices

Land registry data shows four sales for 2 ASHBOURNE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Most of the four 2 ASHBOURNE GROVE 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
2010 19 AUG	£135,000	£140,774	4% below HPI
2002 30 OCT	£89,950	£75,525	19% above HPI
1995 19 MAY	£52,750	£48,068	10% above HPI
1995 30 JAN	£54,200	£48,102	13% above HPI

2 ASHBOURNE GROVE 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 four 2 ASHBOURNE GROVE sales between January 1995 and August 2010 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 October 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2010 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 ASHBOURNE GROVE be worth now?

2 ASHBOURNE GROVE might now be worth an estimated £198,460.

This is based on house price inflation of 47%, between August 2010 and June 2025, 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 47% inflationary increase is applied to the most recent sale price for 2 ASHBOURNE GROVE of £135,000 on 19th August 2010. For the value to have increased from £135,000 to £198,460 over the fifteen years and two months to June 2025, the following assumptions must hold true:

• The value of 2 ASHBOURNE GROVE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The August 2010 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ASHBOURNE GROVE has not materially changed since August 2010.

How Large is 2 ASHBOURNE GROVE?

2 ASHBOURNE GROVE is 76m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 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 2 ASHBOURNE GROVE lies on this distribution: 19% of semi-detached houses houses are smaller than 2 ASHBOURNE GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

2 ASHBOURNE GROVE: Plot and Title Map

2 ASHBOURNE GROVE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 ASHBOURNE GROVE, 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 2 ASHBOURNE GROVE). 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 2 ASHBOURNE GROVE?

2 ASHBOURNE GROVE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 2 on ASHBOURNE GROVE.