22, AKEMAN CLOSE, MORECAMBE, LA3 3BP - £150,250

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.

22 AKEMAN CLOSE is a small terraced house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £207,908. It was last sold for £150,250 in October 2017, which was around 25% above the average October 2017 terraced price in the Lancaster local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

22 AKEMAN CLOSE Sold Prices

Land registry data shows four sales for 22 AKEMAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the four 22 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
2017 27 OCT	£150,250	£120,249	25% above HPI
2012 7 MAR	£145,000	£111,306	30% above HPI
2007 22 FEB	£146,500	£116,076	26% above HPI
2003 16 JUN	£107,950	£66,935	61% above HPI

22 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 four 22 AKEMAN CLOSE sales between June 2003 and October 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 March 2012 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2017 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 22 AKEMAN CLOSE be worth now?

22 AKEMAN CLOSE might now be worth an estimated £207,908.

This is based on house price inflation of 38.4%, between October 2017 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 38.4% inflationary increase is applied to the most recent sale price for 22 AKEMAN CLOSE of £150,250 on 27th October 2017. For the value to have increased from £150,250 to £207,908 over the eight years and four months to June 2025, the following assumptions must hold true:

• The value of 22 AKEMAN CLOSE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The October 2017 sale price of £150,250 represented a fair market value for the property.
• The size, condition, and specification of 22 AKEMAN CLOSE has not materially changed since October 2017.

How Large is 22 AKEMAN CLOSE?

22 AKEMAN CLOSE is 94m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% 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 22 AKEMAN CLOSE lies on this distribution: 38% of terraced houses houses are smaller than 22 AKEMAN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

22 AKEMAN CLOSE: Plot and Title Map

22 AKEMAN CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 22 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 22 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 22 AKEMAN CLOSE?

22 AKEMAN CLOSE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 22 on AKEMAN CLOSE.