62, HADRIAN ROAD, MORECAMBE, LA3 3BX - £134,000

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.

62 HADRIAN ROAD is a very small terraced house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £188,117. It was last sold for £134,000 in August 2015, which was around 13% above the average August 2015 terraced price in the Lancaster local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

62 HADRIAN ROAD Sold Prices

Land registry data shows four sales for 62 HADRIAN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the four 62 HADRIAN ROAD 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
2015 28 AUG	£134,000	£118,526	13% above HPI
2009 27 NOV	£124,950	£113,750	10% above HPI
2003 12 DEC	£95,250	£74,364	28% above HPI
2002 1 FEB	£64,950	£46,327	40% above HPI

62 HADRIAN ROAD 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 four 62 HADRIAN ROAD sales between February 2002 and August 2015 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 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 62 HADRIAN ROAD be worth now?

62 HADRIAN ROAD might now be worth an estimated £188,117.

This is based on house price inflation of 40.4%, between August 2015 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 40.4% inflationary increase is applied to the most recent sale price for 62 HADRIAN ROAD of £134,000 on 28th August 2015. For the value to have increased from £134,000 to £188,117 over the ten years and two months to June 2025, the following assumptions must hold true:

• The value of 62 HADRIAN ROAD has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The August 2015 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 62 HADRIAN ROAD has not materially changed since August 2015.

How Large is 62 HADRIAN ROAD?

62 HADRIAN ROAD is 70m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 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 62 HADRIAN ROAD lies on this distribution: 12% of terraced houses houses are smaller than 62 HADRIAN ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

62 HADRIAN ROAD: Plot and Title Map

62 HADRIAN ROAD sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 62 HADRIAN 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 62 HADRIAN 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 62 HADRIAN ROAD?

62 HADRIAN ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 62 on HADRIAN ROAD.