81, DEVONSHIRE ROAD, MORECAMBE, LA3 1AP - £165,000

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.

81 DEVONSHIRE ROAD is a very small semi-detached house of 46m², built sometime between 1950 and 1966, which could now be worth an estimated £169,594. It was last sold for £165,000 in July 2023, which was around 21% below the average July 2023 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

81 DEVONSHIRE ROAD Sold Prices

Land registry data shows three sales for 81 DEVONSHIRE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the three 81 DEVONSHIRE 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
2023 28 JUL	£165,000	£209,201	21% below HPI
2018 14 DEC	£105,000	£154,871	32% below HPI
1997 7 MAR	£32,600	£44,547	27% below HPI

81 DEVONSHIRE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 81 DEVONSHIRE ROAD sales between March 1997 and July 2023 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 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 81 DEVONSHIRE ROAD be worth now?

81 DEVONSHIRE ROAD might now be worth an estimated £169,594.

This is based on house price inflation of 2.8%, between July 2023 and April 2026, for semi-detached 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 2.8% inflationary increase is applied to the most recent sale price for 81 DEVONSHIRE ROAD of £165,000 on 28th July 2023. For the value to have increased from £165,000 to £169,594 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 81 DEVONSHIRE ROAD has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The July 2023 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 81 DEVONSHIRE ROAD has not materially changed since July 2023.

How Large is 81 DEVONSHIRE ROAD?

81 DEVONSHIRE ROAD is 46m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of semi-detached houses houses in Morecambe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Morecambe, and where 81 DEVONSHIRE ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 81 DEVONSHIRE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

81 DEVONSHIRE ROAD: Plot and Title Map

81 DEVONSHIRE ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 81 DEVONSHIRE 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 81 DEVONSHIRE 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 81 DEVONSHIRE ROAD?

81 DEVONSHIRE ROAD is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 81 on DEVONSHIRE ROAD.