345, LANCASTER ROAD, MORECAMBE, LA4 6RH - £190,000

345 LANCASTER ROAD is a small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £190,000 in June 2017, which was around 24% below the average June 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

345 LANCASTER ROAD Sold Prices

Land registry data shows three sales for 345 LANCASTER ROAD 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. Two of the three 345 LANCASTER ROAD sales were for below the average price, whilst one was 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
2017 22 JUN	£190,000	£250,581	24% below HPI
2002 26 NOV	£157,950	£132,759	19% above HPI
1997 26 JUN	£60,000	£81,139	26% below HPI

345 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 three 345 LANCASTER ROAD sales between June 1997 and June 2017 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 November 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 345 LANCASTER ROAD?

345 LANCASTER ROAD is 79m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 345 LANCASTER ROAD lies on this distribution: 24% of detached houses are smaller than 345 LANCASTER ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

345 LANCASTER ROAD: Plot and Title Map

345 LANCASTER ROAD sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 345 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 345 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 345 LANCASTER ROAD?

345 LANCASTER ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 345 on LANCASTER ROAD.