5, ELMS ROAD, MORECAMBE, LA4 6AP - £240,000

5 ELMS ROAD is a large extended detached house of 133m², built sometime between 1930 and 1949. It was last sold for £240,000 in March 2021, which was around 18% below the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

5 ELMS ROAD Sold Prices

Land registry data shows two sales for 5 ELMS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 5 ELMS ROAD 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 30 MAR	£240,000	£293,203	18% below HPI
2006 20 JUL	£215,000	£217,333	1% below HPI

5 ELMS ROAD 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 two 5 ELMS ROAD sales from July 2006 and March 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 July 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 5 ELMS ROAD?

5 ELMS ROAD is 133m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 5 ELMS ROAD lies on this distribution: 76% of detached houses are smaller than 5 ELMS ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

5 ELMS ROAD: Plot and Title Map

5 ELMS ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 5 ELMS ROAD, 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 ELMS ROAD). 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 ELMS ROAD?

5 ELMS ROAD is located in MORECAMBE, in the LA4 postcode district. The below map shows the position of No. 5 on ELMS ROAD.