4, MARSH CRESCENT, MORECAMBE, LA4 6NQ - £247,500

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 MARSH CRESCENT is a very small detached house of 63m², built sometime between 1930 and 1949, which could now be worth an estimated £277,939. It was last sold for £247,500 in September 2021, which was around 14% below the average September 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

4 MARSH CRESCENT Sold Prices

Land registry data shows three sales for 4 MARSH CRESCENT 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 MARSH CRESCENT 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
2021 1 SEP	£247,500	£286,806	14% below HPI
2019 28 AUG	£175,000	£253,668	31% below HPI
2001 30 MAR	£80,000	£92,590	14% below HPI

4 MARSH CRESCENT 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 MARSH CRESCENT sales between March 2001 and September 2021 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 August 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 4 MARSH CRESCENT be worth now?

4 MARSH CRESCENT might now be worth an estimated £277,939.

This is based on house price inflation of 12.3%, between September 2021 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 12.3% inflationary increase is applied to the most recent sale price for 4 MARSH CRESCENT of £247,500 on 1st September 2021. For the value to have increased from £247,500 to £277,939 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 4 MARSH CRESCENT has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The September 2021 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MARSH CRESCENT has not materially changed since September 2021.

How Large is 4 MARSH CRESCENT?

4 MARSH CRESCENT is 63m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 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 MARSH CRESCENT lies on this distribution: 5% of detached houses houses are smaller than 4 MARSH CRESCENT, and 95% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

4 MARSH CRESCENT: Plot and Title Map

4 MARSH CRESCENT sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 4 MARSH CRESCENT, 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 MARSH CRESCENT). 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 MARSH CRESCENT?

4 MARSH CRESCENT is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 4 on MARSH CRESCENT.