9, AKEMAN CLOSE, MORECAMBE, LA3 3BP - £209,000

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.

9 AKEMAN CLOSE is a small terraced house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £205,884. It was last sold for £209,000 in February 2023, which was around 24% above the average February 2023 terraced price in the Lancaster local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

9 AKEMAN CLOSE Sold Prices

Land registry data shows five sales for 9 AKEMAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the five 9 AKEMAN CLOSE 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
2023 21 FEB	£209,000	£168,912	24% above HPI
2020 6 MAR	£160,000	£126,353	27% above HPI
2009 2 NOV	£148,000	£113,750	30% above HPI
2004 2 JUL	£145,000	£95,006	53% above HPI
2002 1 NOV	£99,702	£57,707	73% above HPI

9 AKEMAN CLOSE 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 five 9 AKEMAN CLOSE sales between November 2002 and February 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 March 2020 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the February 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 9 AKEMAN CLOSE be worth now?

9 AKEMAN CLOSE might now be worth an estimated £205,884.

This is based on house price deflation of 1.5%, between February 2023 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 1.5% deflationary decrease is applied to the most recent sale price for 9 AKEMAN CLOSE of £209,000 on 21st February 2023. For the value to have decreased from £209,000 to £205,884 over the one year and eight months to June 2025, the following assumptions must hold true:

• The value of 9 AKEMAN CLOSE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The February 2023 sale price of £209,000 represented a fair market value for the property.
• The size, condition, and specification of 9 AKEMAN CLOSE has not materially changed since February 2023.

How Large is 9 AKEMAN CLOSE?

9 AKEMAN CLOSE is 94m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% 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 9 AKEMAN CLOSE lies on this distribution: 38% of terraced houses houses are smaller than 9 AKEMAN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Morecambe.

9 AKEMAN CLOSE: Plot and Title Map

9 AKEMAN CLOSE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 9 AKEMAN CLOSE, 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 9 AKEMAN CLOSE). 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 9 AKEMAN CLOSE?

9 AKEMAN CLOSE is located in MORECAMBE, in the LA3 postcode district. The below map shows the position of No. 9 on AKEMAN CLOSE.