11, MELDON GRANGE, HEYSHAM, MORECAMBE, LA3 2HH - £93,000

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.

11 MELDON GRANGE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £132,989. It was last sold for £93,000 in September 2017, which was around 23% below the average September 2017 terraced price in the Lancaster local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

11 MELDON GRANGE Sold Prices

Land registry data shows three sales for 11 MELDON GRANGE 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 11 MELDON GRANGE 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
2017 29 SEP	£93,000	£120,732	23% below HPI
2010 31 AUG	£60,000	£114,852	48% below HPI
2009 8 JUN	£90,000	£106,801	16% below HPI

11 MELDON GRANGE 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 11 MELDON GRANGE sales between June 2009 and September 2017 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 August 2010 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the September 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 11 MELDON GRANGE be worth now?

11 MELDON GRANGE might now be worth an estimated £132,989.

This is based on house price inflation of 43%, between September 2017 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 43% inflationary increase is applied to the most recent sale price for 11 MELDON GRANGE of £93,000 on 29th September 2017. For the value to have increased from £93,000 to £132,989 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 11 MELDON GRANGE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The September 2017 sale price of £93,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MELDON GRANGE has not materially changed since September 2017.

How Large is 11 MELDON GRANGE?

11 MELDON GRANGE is 55m² according to the EPC inspection conducted in March 2009. 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 11 MELDON GRANGE lies on this distribution: 3% of terraced houses houses are smaller than 11 MELDON GRANGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Heysham.

11 MELDON GRANGE: Plot and Title Map

11 MELDON GRANGE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 11 MELDON GRANGE, 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 11 MELDON GRANGE). 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 11 MELDON GRANGE?

11 MELDON GRANGE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 11 on MELDON GRANGE.