343, LANCASTER ROAD, MORECAMBE, LA4 6RH - £467,000

343 LANCASTER ROAD is a very large extended detached house of 162m², built sometime between 1900 and 1929. It was last sold for £467,000 in September 2023, which was around 30% above the average September 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was D.

343 LANCASTER ROAD Sold Prices

Land registry data shows two sales for 343 LANCASTER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 343 LANCASTER ROAD 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
2023 5 SEP	£467,000	£359,014	30% above HPI
1995 12 APR	£118,000	£79,412	49% above HPI

343 LANCASTER ROAD 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 two 343 LANCASTER ROAD sales from April 1995 and September 2023 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 April 1995 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2023 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 343 LANCASTER ROAD?

343 LANCASTER ROAD is 162m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 343 LANCASTER ROAD lies on this distribution: 88% of detached houses are smaller than 343 LANCASTER ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

343 LANCASTER ROAD: Plot and Title Map

343 LANCASTER ROAD sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 343 LANCASTER 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 343 LANCASTER 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 343 LANCASTER ROAD?

343 LANCASTER ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 343 on LANCASTER ROAD.