4, KENT WAY, MORECAMBE, LA3 3SG - £325,000

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.

4 KENT WAY is a very large extended detached house of 175m², built sometime between 1996 and 2002, which could now be worth an estimated £420,763. It was last sold for £325,000 in May 2020, which was around 31% above the average May 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

4 KENT WAY Sold Prices

Land registry data shows three sales for 4 KENT WAY 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. All of the three 4 KENT WAY 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
2020 22 MAY	£325,000	£248,776	31% above HPI
2015 1 MAY	£430,000	£223,757	92% above HPI
2000 28 JAN	£114,400	£85,094	34% above HPI

4 KENT WAY 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 4 KENT WAY sales between January 2000 and May 2020 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 May 2015 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the May 2020 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 4 KENT WAY be worth now?

4 KENT WAY might now be worth an estimated £420,763.

This is based on house price inflation of 29.5%, between May 2020 and June 2025, for 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 29.5% inflationary increase is applied to the most recent sale price for 4 KENT WAY of £325,000 on 22nd May 2020. For the value to have increased from £325,000 to £420,763 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 4 KENT WAY has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 KENT WAY has not materially changed since May 2020.

How Large is 4 KENT WAY?

4 KENT WAY is 175m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morecambe, and where 4 KENT WAY lies on this distribution: 92% of detached houses houses are smaller than 4 KENT WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

4 KENT WAY: Plot and Title Map

4 KENT WAY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 4 KENT WAY, 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 KENT WAY). 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 KENT WAY?

4 KENT WAY is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 4 on KENT WAY.