32, CLARENCE STREET, MORECAMBE, LA4 5EX - £137,500

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.

32 CLARENCE STREET is a very large extended terraced house of 221m², built sometime between 1900 and 1929, which could now be worth an estimated £150,664. It was last sold for £137,500 in November 2021, which was around 9% below the average November 2021 terraced price in the Lancaster local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

32 CLARENCE STREET Sold Prices

Land registry data shows four sales for 32 CLARENCE STREET 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 32 CLARENCE STREET 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
2021 30 NOV	£137,500	£151,856	9% below HPI
2018 29 OCT	£90,000	£127,099	29% below HPI
2016 17 OCT	£84,000	£121,850	31% below HPI
2009 2 DEC	£70,000	£114,706	39% below HPI

32 CLARENCE STREET 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 32 CLARENCE STREET sales between December 2009 and November 2021 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 32 CLARENCE STREET be worth now?

32 CLARENCE STREET might now be worth an estimated £150,664.

This is based on house price inflation of 9.6%, between November 2021 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 9.6% inflationary increase is applied to the most recent sale price for 32 CLARENCE STREET of £137,500 on 30th November 2021. For the value to have increased from £137,500 to £150,664 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of 32 CLARENCE STREET has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The November 2021 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 32 CLARENCE STREET has not materially changed since November 2021.

How Large is 32 CLARENCE STREET?

32 CLARENCE STREET is 221m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 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 32 CLARENCE STREET lies on this distribution: 97% of terraced houses houses are smaller than 32 CLARENCE STREET, and 3% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

32 CLARENCE STREET: Plot and Title Map

32 CLARENCE STREET sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 32 CLARENCE STREET, 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 32 CLARENCE STREET). 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 32 CLARENCE STREET?

32 CLARENCE STREET is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 32 on CLARENCE STREET.