4, THORNTON GROVE, MORECAMBE, LA4 5PU - £192,000

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 THORNTON GROVE is a very large extended terraced house of 147m², built sometime between 1900 and 1929, which could now be worth an estimated £235,120. It was last sold for £192,000 in November 2020, which was around 41% above the average November 2020 terraced price in the Lancaster local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

4 THORNTON GROVE Sold Prices

Land registry data shows three sales for 4 THORNTON GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. Two of the three 4 THORNTON GROVE sales were for above the average price, whilst one was 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
2020 11 NOV	£192,000	£135,878	41% above HPI
2011 18 NOV	£135,000	£105,884	27% above HPI
2010 15 OCT	£40,000	£113,151	65% below HPI

4 THORNTON GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lancaster local authority area over time, sourced from the HPI. The three 4 THORNTON GROVE sales between October 2010 and November 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 November 2011 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 4 THORNTON GROVE be worth now?

4 THORNTON GROVE might now be worth an estimated £235,120.

This is based on house price inflation of 22.5%, between November 2020 and June 2025, for terraced 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 22.5% inflationary increase is applied to the most recent sale price for 4 THORNTON GROVE of £192,000 on 11th November 2020. For the value to have increased from £192,000 to £235,120 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 4 THORNTON GROVE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The November 2020 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THORNTON GROVE has not materially changed since November 2020.

How Large is 4 THORNTON GROVE?

4 THORNTON GROVE is 147m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of terraced houses houses in Morecambe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Morecambe, and where 4 THORNTON GROVE lies on this distribution: 83% of terraced houses houses are smaller than 4 THORNTON GROVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

4 THORNTON GROVE: Plot and Title Map

4 THORNTON GROVE sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of 4 THORNTON GROVE, 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 THORNTON GROVE). 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 THORNTON GROVE?

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