FLAT 2, 55, DEVONSHIRE ROAD, MORECAMBE, LA3 1AW - £73,000

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.

FLAT 2 55 DEVONSHIRE ROAD is a very small extended flat of 48m², built sometime between 1976 and 1982, which could now be worth an estimated £76,377. It was last sold for £73,000 in March 2021, which was around 31% below the average March 2021 flat price in the Lancaster local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

FLAT 2 55 DEVONSHIRE ROAD Sold Prices

Land registry data shows one sale for FLAT 2 55 DEVONSHIRE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 11 MAR	£73,000	£105,486	31% below HPI

What might FLAT 2 55 DEVONSHIRE ROAD be worth now?

FLAT 2 55 DEVONSHIRE ROAD might now be worth an estimated £76,377.

This is based on house price inflation of 4.6%, between March 2021 and May 2026, for flats, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for FLAT 2 55 DEVONSHIRE ROAD of £73,000 on 11th March 2021. For the value to have increased from £73,000 to £76,377 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 55 DEVONSHIRE ROAD has moved in line with the HPI for flats in the Lancaster local authority area.
• The March 2021 sale price of £73,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 55 DEVONSHIRE ROAD has not materially changed since March 2021.

How Large is FLAT 2 55 DEVONSHIRE ROAD?

FLAT 2 55 DEVONSHIRE ROAD is 48m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of flats in Morecambe, based on EPC data. 17% of flats are smaller than FLAT 2 55 DEVONSHIRE ROAD, and 80% of flats are larger. Note that EPC data is not available for all properties in Morecambe.

FLAT 2 55 DEVONSHIRE ROAD: Plot

FLAT 2 55 DEVONSHIRE ROAD sits on a plot of roughly 0.089 of an acre, or 359m².

Where is FLAT 2 55 DEVONSHIRE ROAD?

FLAT 2, 55 DEVONSHIRE ROAD is located in MORECAMBE, in the LA3 postcode district.