24, DEVONSHIRE ROAD, MORECAMBE, LA3 1QX - £105,000

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.

24 DEVONSHIRE ROAD is a very small terraced house of 36m², built sometime before 1900, which could now be worth an estimated £172,751. It was last sold for £105,000 in November 2005, which was about the average November 2005 terraced price in the Lancaster local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was C.

24 DEVONSHIRE ROAD Sold Prices

Land registry data shows three sales for 24 DEVONSHIRE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. The three 24 DEVONSHIRE ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2005 11 NOV	£105,000	£104,981	Close to HPI
2005 21 OCT	£65,000	£105,349	38% below HPI
2003 17 FEB	£59,950	£59,400	1% above HPI

24 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 three 24 DEVONSHIRE ROAD sales between February 2003 and November 2005 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 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2005 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 24 DEVONSHIRE ROAD be worth now?

24 DEVONSHIRE ROAD might now be worth an estimated £172,751.

This is based on house price inflation of 64.5%, between November 2005 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 64.5% inflationary increase is applied to the most recent sale price for 24 DEVONSHIRE ROAD of £105,000 on 11th November 2005. For the value to have increased from £105,000 to £172,751 over the 21 years and seven months to April 2026, the following assumptions must hold true:

• The value of 24 DEVONSHIRE ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The November 2005 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 24 DEVONSHIRE ROAD has not materially changed since November 2005.

How Large is 24 DEVONSHIRE ROAD?

24 DEVONSHIRE ROAD is 36m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 24 DEVONSHIRE ROAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 24 DEVONSHIRE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

24 DEVONSHIRE ROAD: Plot and Title Map

24 DEVONSHIRE ROAD sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 24 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 24 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 24 DEVONSHIRE ROAD?

24 DEVONSHIRE ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 24 on DEVONSHIRE ROAD.