18, KNOWLYS ROAD, HEYSHAM, MORECAMBE, LA3 2PE - £207,000

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.

18 KNOWLYS ROAD is a large extended semi-detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £293,035. It was last sold for £207,000 in May 2018, which was around 36% above the average May 2018 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

18 KNOWLYS ROAD Sold Prices

Land registry data shows four sales for 18 KNOWLYS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the four 18 KNOWLYS ROAD sales were 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
2018 22 MAY	£207,000	£151,973	36% above HPI
2014 17 MAR	£191,500	£136,098	41% above HPI
2011 9 DEC	£157,000	£132,595	18% above HPI
2002 12 APR	£72,000	£63,010	14% above HPI

18 KNOWLYS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The four 18 KNOWLYS ROAD sales between April 2002 and May 2018 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 March 2014 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2018 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 18 KNOWLYS ROAD be worth now?

18 KNOWLYS ROAD might now be worth an estimated £293,035.

This is based on house price inflation of 41.6%, between May 2018 and May 2026, for semi-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 41.6% inflationary increase is applied to the most recent sale price for 18 KNOWLYS ROAD of £207,000 on 22nd May 2018. For the value to have increased from £207,000 to £293,035 over the eight years to May 2026, the following assumptions must hold true:

• The value of 18 KNOWLYS ROAD has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The May 2018 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 18 KNOWLYS ROAD has not materially changed since May 2018.

How Large is 18 KNOWLYS ROAD?

18 KNOWLYS ROAD is 118m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% of semi-detached houses houses in Heysham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Heysham, and where 18 KNOWLYS ROAD lies on this distribution: 69% of semi-detached houses houses are smaller than 18 KNOWLYS ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Heysham.

18 KNOWLYS ROAD: Plot and Title Map

18 KNOWLYS ROAD sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 18 KNOWLYS ROAD, 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 18 KNOWLYS ROAD). 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 18 KNOWLYS ROAD?

18 KNOWLYS ROAD is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 18 on KNOWLYS ROAD.