12, REDWING CLOSE, HEYSHAM, MORECAMBE, LA3 2BH - £222,500

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.

12 REDWING CLOSE is a small detached house of 90m², which could now be worth an estimated £307,911. It was last sold for £222,500 in December 2015, which was around 6% below the average December 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2008, where the current energy rating was B, and the potential energy rating was B.

12 REDWING CLOSE Sold Prices

Land registry data shows two sales for 12 REDWING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. One of the two 12 REDWING CLOSE sales was for below the average price, whilst the other was 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
2015 8 DEC	£222,500	£236,300	6% below HPI
2011 27 APR	£219,995	£211,294	4% above HPI

12 REDWING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 12 REDWING CLOSE sales from April 2011 and December 2015 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 April 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 12 REDWING CLOSE be worth now?

12 REDWING CLOSE might now be worth an estimated £307,911.

This is based on house price inflation of 38.4%, between December 2015 and March 2025, for 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 38.4% inflationary increase is applied to the most recent sale price for 12 REDWING CLOSE of £222,500 on 8th December 2015. For the value to have increased from £222,500 to £307,911 over the ten years and nine months to March 2025, the following assumptions must hold true:

• The value of 12 REDWING CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The December 2015 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 12 REDWING CLOSE has not materially changed since December 2015.

How Large is 12 REDWING CLOSE?

12 REDWING CLOSE is 90m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heysham, and where 12 REDWING CLOSE lies on this distribution: 39% of detached houses houses are smaller than 12 REDWING CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Heysham.

12 REDWING CLOSE: Plot and Title Map

12 REDWING CLOSE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 12 REDWING CLOSE, 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 12 REDWING CLOSE). 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 12 REDWING CLOSE?

12 REDWING CLOSE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 12 on REDWING CLOSE.