7, BROOK ROAD, MORECAMBE, LA3 1AX - £186,000

7 BROOK ROAD is a midsized extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £186,000 in February 2022, which was around 41% below the average February 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

7 BROOK ROAD Sold Prices

Land registry data shows three sales for 7 BROOK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 7 BROOK 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
2022 8 FEB	£186,000	£317,819	41% below HPI
2002 22 FEB	£48,000	£107,313	55% below HPI
2000 15 SEP	£27,500	£94,008	71% below HPI

7 BROOK 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 three 7 BROOK ROAD sales between September 2000 and February 2022 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 2002 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the February 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 BROOK ROAD?

7 BROOK ROAD is 110m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Morecambe, based on EPC data. The below chart shows the distribution of detached houses by size in Morecambe, and where 7 BROOK ROAD lies on this distribution: 56% of detached houses are smaller than 7 BROOK ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

7 BROOK ROAD: Plot and Title Map

7 BROOK ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 7 BROOK 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 7 BROOK 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 7 BROOK ROAD?

7 BROOK ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 7 on BROOK ROAD.