10, EASTLANDS, HEYSHAM, MORECAMBE, LA3 2HT - £125,000

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.

10 EASTLANDS is a very small terraced house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £149,187. It was last sold for £125,000 in May 2021, which was around 14% below the average May 2021 terraced price in the Lancaster local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

10 EASTLANDS Sold Prices

Land registry data shows three sales for 10 EASTLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lancaster local authority area for the corresponding sale date. All of the three 10 EASTLANDS 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
2021 20 MAY	£125,000	£144,656	14% below HPI
2007 1 JUN	£118,000	£120,052	2% below HPI
2001 21 NOV	£41,000	£46,257	11% below HPI

10 EASTLANDS 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 three 10 EASTLANDS sales between November 2001 and May 2021 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 June 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 10 EASTLANDS be worth now?

10 EASTLANDS might now be worth an estimated £149,187.

This is based on house price inflation of 19.3%, between May 2021 and May 2026, 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 19.3% inflationary increase is applied to the most recent sale price for 10 EASTLANDS of £125,000 on 20th May 2021. For the value to have increased from £125,000 to £149,187 over the five years to May 2026, the following assumptions must hold true:

• The value of 10 EASTLANDS has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The May 2021 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 10 EASTLANDS has not materially changed since May 2021.

How Large is 10 EASTLANDS?

10 EASTLANDS is 71m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of terraced houses houses in Heysham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heysham, and where 10 EASTLANDS lies on this distribution: 9% of terraced houses houses are smaller than 10 EASTLANDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Heysham.

10 EASTLANDS: Plot and Title Map

10 EASTLANDS sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 10 EASTLANDS, 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 10 EASTLANDS). 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 10 EASTLANDS?

10 EASTLANDS is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 10 on EASTLANDS.