36, NEEDHAM AVENUE, MORECAMBE, LA4 4PH - £164,950

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.

36 NEEDHAM AVENUE is a small semi-detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £172,938. It was last sold for £164,950 in April 2023, which was around 20% below the average April 2023 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

36 NEEDHAM AVENUE Sold Prices

Land registry data shows three sales for 36 NEEDHAM AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the three 36 NEEDHAM 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
2023 11 APR	£164,950	£205,200	20% below HPI
2014 19 MAR	£102,000	£136,098	25% below HPI
2000 20 DEC	£45,000	£56,360	20% below HPI

36 NEEDHAM AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 36 NEEDHAM AVENUE sales between December 2000 and April 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 March 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 36 NEEDHAM AVENUE be worth now?

36 NEEDHAM AVENUE might now be worth an estimated £172,938.

This is based on house price inflation of 4.8%, between April 2023 and May 2026, for semi-detached 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 4.8% inflationary increase is applied to the most recent sale price for 36 NEEDHAM AVENUE of £164,950 on 11th April 2023. For the value to have increased from £164,950 to £172,938 over the two years and eleven months to May 2026, the following assumptions must hold true:

• The value of 36 NEEDHAM AVENUE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The April 2023 sale price of £164,950 represented a fair market value for the property.
• The size, condition, and specification of 36 NEEDHAM AVENUE has not materially changed since April 2023.

How Large is 36 NEEDHAM AVENUE?

36 NEEDHAM AVENUE is 91m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of semi-detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morecambe, and where 36 NEEDHAM AVENUE lies on this distribution: 35% of semi-detached houses houses are smaller than 36 NEEDHAM AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

36 NEEDHAM AVENUE: Plot and Title Map

36 NEEDHAM AVENUE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 36 NEEDHAM 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 36 NEEDHAM 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 36 NEEDHAM AVENUE?

36 NEEDHAM AVENUE is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 36 on NEEDHAM AVENUE.