5, AKEMAN CLOSE, MORECAMBE, LA3 3BP - £153,750

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.

5 AKEMAN CLOSE is a semi-detached house, which could now be worth an estimated £224,559. It was last sold for £153,750 in March 2008, which was around 4% above the average March 2008 semi-detached price in the Lancaster local authority area.

5 AKEMAN CLOSE Sold Prices

Land registry data shows two sales for 5 AKEMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 5 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
2008 7 MAR	£153,750	£147,299	4% above HPI
2002 19 AUG	£98,950	£71,432	39% above HPI

What might 5 AKEMAN CLOSE be worth now?

5 AKEMAN CLOSE might now be worth an estimated £224,559.

This is based on house price inflation of 46.1%, between March 2008 and May 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 46.1% inflationary increase is applied to the most recent sale price for 5 AKEMAN CLOSE of £153,750 on 7th March 2008. For the value to have increased from £153,750 to £224,559 over the seventeen years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 AKEMAN CLOSE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The March 2008 sale price of £153,750 represented a fair market value for the property.
• The size, condition, and specification of 5 AKEMAN CLOSE has not materially changed since March 2008.

Where is 5 AKEMAN CLOSE?

5 AKEMAN CLOSE is located in MORECAMBE, in the LA3 postcode district.