4, CLOISTERS, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RG - £199,000

4 CLOISTERS is a large detached house of 123m², built sometime between 1991 and 1995. It was last sold for £199,000 in October 2018, which was around 24% below the average October 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

4 CLOISTERS Sold Prices

Land registry data shows five sales for 4 CLOISTERS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the five 4 CLOISTERS 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
2018 7 OCT	£199,000	£261,581	24% below HPI
2012 23 MAR	£190,000	£222,562	15% below HPI
2006 12 OCT	£199,000	£226,245	12% below HPI
2005 20 SEP	£181,500	£213,153	15% below HPI
1997 27 JUN	£79,000	£81,139	3% below HPI

4 CLOISTERS 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 five 4 CLOISTERS sales between June 1997 and October 2018 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 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 4 CLOISTERS?

4 CLOISTERS is 123m² according to the EPC inspection conducted in August 2014. This puts it in the largest 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 4 CLOISTERS lies on this distribution: 71% of detached houses are smaller than 4 CLOISTERS, and 29% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

4 CLOISTERS: Plot and Title Map

4 CLOISTERS sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 4 CLOISTERS, 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 4 CLOISTERS). 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 4 CLOISTERS?

4 CLOISTERS is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 4 on CLOISTERS.