23 Schola Green Lane, Morecambe, LA4 5QS is a freehold terraced property built between 1967-1975. The property offers approximately 614 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £115,436 , which equates to approximately £188 per square foot. It was last sold on 2 Aug 2021 for £102,000. Since then, the value has increased by £13,436, representing a 13.2% increase, or approximately 3.0% per year.

The current estimated value of £115,436 is:

  • 17.2% lower than the average property price on Schola Green Lane
  • 5.8% lower than the average in the LA4 5QS postcode area
  • and 39.1% lower than the average price for Morecambe as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 24 August 2022, the property was recorded as rented.

View sold house prices in LA4 5QS

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
614 sq ft
Tenure
Freehold
Price (estimate)
£115,436
Price Per sq ft (estimate)
£188
Bedroom Count (estimate)
1 bedroom

EPC Summary

23 Schola Green Lane, Morecambe, Lancaster, Lancashire, LA4 5QS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Aug 2022.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Sep 2019, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 43.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from gas multipoint to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, with internal insulation, improving energy efficiency from poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LA4 5QS

23 rd / 30
Price Rank
6% lower than average
26 th / 27
Size Rank
28% smaller than average
8 th / 27
Price Per Sq FT Rank
31% higher than average

Compared to other properties in LA4 5QS , this flat's estimated value ranks 23th out of 30. Based on price per square foot, it ranks 8th out of 27 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 26th out of 27 properties in its postcode area.

Sale History

Today
£115,436
streetscan.co.uk estimate
+13 %
2 Aug 2021
£102,000
Leasehold
+270.9 %
15 Aug 2000
£27,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 667 sq ft
sale price: £111,000
sale date: 29 Jul 2022
rooms: 4
size: 700 sq ft
sale price: £85,000
sale date: 3 Jul 2017
rooms: 4
size: 672 sq ft
sale price: £89,500
sale date: 26 Aug 2016
rooms: 4
size: 700 sq ft
sale price: £72,500
sale date: 12 Sep 2014
rooms: 4
size: 667 sq ft
sale price: £122,000
sale date: 17 Oct 2022

Data Sources

The property at 23 Schola Green Lane, Morecambe, LA4 5QS appears two times in the Land Registry records, with the latest transaction recorded on 2 Aug 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Aug 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.