5, CANTERBURY CLOSE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RD - £115,000

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.

5 CANTERBURY CLOSE is a very small terraced house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £167,517. It was last sold for £115,000 in December 2014, which was around 1% above the average December 2014 terraced price in the Lancaster local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

5 CANTERBURY CLOSE Sold Prices

Land registry data shows three sales for 5 CANTERBURY CLOSE 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. One of the three 5 CANTERBURY CLOSE sales was for above the average price, whilst two 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
2014 9 DEC	£115,000	£114,229	1% above HPI
2009 11 DEC	£110,000	£114,706	4% below HPI
2009 2 APR	£82,500	£102,616	20% below HPI

5 CANTERBURY CLOSE 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 5 CANTERBURY CLOSE sales between April 2009 and December 2014 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 December 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 5 CANTERBURY CLOSE be worth now?

5 CANTERBURY CLOSE might now be worth an estimated £167,517.

This is based on house price inflation of 45.7%, between December 2014 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 45.7% inflationary increase is applied to the most recent sale price for 5 CANTERBURY CLOSE of £115,000 on 9th December 2014. For the value to have increased from £115,000 to £167,517 over the eleven years and six months to June 2025, the following assumptions must hold true:

• The value of 5 CANTERBURY CLOSE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The December 2014 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CANTERBURY CLOSE has not materially changed since December 2014.

How Large is 5 CANTERBURY CLOSE?

5 CANTERBURY CLOSE is 68m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% 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 5 CANTERBURY CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 5 CANTERBURY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

5 CANTERBURY CLOSE: Plot and Title Map

5 CANTERBURY CLOSE sits on a plot of roughly 0.589 of an acre, or 2,383m². The below map shows the location of 5 CANTERBURY CLOSE, 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 5 CANTERBURY CLOSE). 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 5 CANTERBURY CLOSE?

5 CANTERBURY CLOSE is located in HEATON WITH OXCLIFFE, in the LA3 postcode district. The below map shows the position of No. 5 on CANTERBURY CLOSE.