20, NEEDHAM AVENUE, MORECAMBE, LA4 4PH - £139,950

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.

20 NEEDHAM AVENUE is a small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £191,250. It was last sold for £139,950 in July 2017, which was around 8% below the average July 2017 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was E.

20 NEEDHAM AVENUE Sold Prices

Land registry data shows four sales for 20 NEEDHAM AVENUE 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 20 NEEDHAM AVENUE sales 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
2017 6 JUL	£139,950	£151,437	8% below HPI
2017 30 JUN	£135,000	£153,405	12% below HPI
2009 6 JUL	£127,500	£132,389	4% below HPI
2002 24 MAY	£71,000	£64,650	10% above HPI

20 NEEDHAM AVENUE 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 20 NEEDHAM AVENUE sales between May 2002 and July 2017 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 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 20 NEEDHAM AVENUE be worth now?

20 NEEDHAM AVENUE might now be worth an estimated £191,250.

This is based on house price inflation of 36.7%, between July 2017 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 36.7% inflationary increase is applied to the most recent sale price for 20 NEEDHAM AVENUE of £139,950 on 6th July 2017. For the value to have increased from £139,950 to £191,250 over the eight years and one month to June 2025, the following assumptions must hold true:

• The value of 20 NEEDHAM AVENUE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The July 2017 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 20 NEEDHAM AVENUE has not materially changed since July 2017.

How Large is 20 NEEDHAM AVENUE?

20 NEEDHAM AVENUE is 84m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% 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 20 NEEDHAM AVENUE lies on this distribution: 32% of semi-detached houses houses are smaller than 20 NEEDHAM AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

20 NEEDHAM AVENUE: Plot and Title Map

20 NEEDHAM AVENUE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 20 NEEDHAM 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 20 NEEDHAM 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 20 NEEDHAM AVENUE?

20 NEEDHAM AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 20 on NEEDHAM AVENUE.