28, MICHAELSON AVENUE, MORECAMBE, LA4 6SE - £209,000

28 MICHAELSON AVENUE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £209,000 in October 2014, which was around 10% below the average October 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

28 MICHAELSON AVENUE Sold Prices

Land registry data shows three sales for 28 MICHAELSON AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 28 MICHAELSON 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
2014 17 OCT	£209,000	£231,887	10% below HPI
2012 10 FEB	£202,500	£223,547	9% below HPI
2001 20 JUL	£70,000	£100,222	30% below HPI

28 MICHAELSON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 28 MICHAELSON AVENUE sales between July 2001 and October 2014 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 February 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 28 MICHAELSON AVENUE?

28 MICHAELSON AVENUE is 63m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 28 MICHAELSON AVENUE lies on this distribution: 5% of detached houses are smaller than 28 MICHAELSON AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

28 MICHAELSON AVENUE: Plot and Title Map

28 MICHAELSON AVENUE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 28 MICHAELSON 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 28 MICHAELSON 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 28 MICHAELSON AVENUE?

28 MICHAELSON AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 28 on MICHAELSON AVENUE.