5, PRIORSGATE, HEATON WITH OXCLIFFE, MORECAMBE, LA3 3RN - £257,000

5 PRIORSGATE is a very large extended detached house of 155m², built sometime between 1991 and 1995. It was last sold for £257,000 in August 2007, which was around 8% above the average August 2007 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

5 PRIORSGATE Sold Prices

Land registry data shows two sales for 5 PRIORSGATE 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 PRIORSGATE 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
2007 31 AUG	£257,000	£237,590	8% above HPI
1996 16 FEB	£89,000	£77,004	16% above HPI

5 PRIORSGATE 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 PRIORSGATE sales from February 1996 and August 2007 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 February 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2007 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 PRIORSGATE?

5 PRIORSGATE is 155m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% 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 PRIORSGATE lies on this distribution: 86% of detached houses are smaller than 5 PRIORSGATE, and 14% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

5 PRIORSGATE: Plot and Title Map

5 PRIORSGATE sits on a plot of roughly 0.264 of an acre, or 1,070m². The below map shows the location of 5 PRIORSGATE, 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 PRIORSGATE). 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 PRIORSGATE?

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