22, DEVONSHIRE ROAD, MORECAMBE, LA3 1QX - £65,000

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.

22 DEVONSHIRE ROAD is a large terraced house of 136m², built sometime between 1900 and 1929, which could now be worth an estimated £94,230. It was last sold for £65,000 in October 2015, which was around 45% below the average October 2015 terraced price in the Lancaster local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

22 DEVONSHIRE ROAD Sold Prices

Land registry data shows two sales for 22 DEVONSHIRE ROAD 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 22 DEVONSHIRE ROAD 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
2015 7 OCT	£65,000	£119,143	45% below HPI
2002 7 JAN	£37,500	£45,936	18% below HPI

22 DEVONSHIRE ROAD 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 22 DEVONSHIRE ROAD sales from January 2002 and October 2015 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 January 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2015 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 22 DEVONSHIRE ROAD be worth now?

22 DEVONSHIRE ROAD might now be worth an estimated £94,230.

This is based on house price inflation of 45%, between October 2015 and April 2026, 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 45% inflationary increase is applied to the most recent sale price for 22 DEVONSHIRE ROAD of £65,000 on 7th October 2015. For the value to have increased from £65,000 to £94,230 over the eleven years and six months to April 2026, the following assumptions must hold true:

• The value of 22 DEVONSHIRE ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The October 2015 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 22 DEVONSHIRE ROAD has not materially changed since October 2015.

How Large is 22 DEVONSHIRE ROAD?

22 DEVONSHIRE ROAD is 136m² according to the EPC inspection conducted in January 2016. This puts it in the largest 30% 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 DEVONSHIRE ROAD lies on this distribution: 78% of terraced houses houses are smaller than 22 DEVONSHIRE ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

22 DEVONSHIRE ROAD: Plot and Title Map

22 DEVONSHIRE ROAD sits on a plot of roughly 0.017 of an acre, or 68m². The below map shows the location of 22 DEVONSHIRE ROAD, 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 DEVONSHIRE ROAD). 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 DEVONSHIRE ROAD?

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