2, BERWICK WAY, HEYSHAM, MORECAMBE, LA3 2UA - £77,500

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.

2 BERWICK WAY is a very small semi-detached house of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £112,451. It was last sold for £77,500 in June 2014, which was around 46% below the average June 2014 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 BERWICK WAY Sold Prices

Land registry data shows five sales for 2 BERWICK WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the five 2 BERWICK WAY 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
2014 11 JUN	£77,500	£142,626	46% below HPI
2011 14 JAN	£73,000	£133,133	45% below HPI
2004 15 NOV	£76,000	£128,080	41% below HPI
2002 20 SEP	£39,950	£73,505	46% below HPI
1998 19 NOV	£25,000	£48,233	48% below HPI

2 BERWICK WAY 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 five 2 BERWICK WAY sales between November 1998 and June 2014 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 January 2011 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2014 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 BERWICK WAY be worth now?

2 BERWICK WAY might now be worth an estimated £112,451.

This is based on house price inflation of 45.1%, between June 2014 and June 2025, 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 45.1% inflationary increase is applied to the most recent sale price for 2 BERWICK WAY of £77,500 on 11th June 2014. For the value to have increased from £77,500 to £112,451 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 2 BERWICK WAY has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The June 2014 sale price of £77,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BERWICK WAY has not materially changed since June 2014.

How Large is 2 BERWICK WAY?

2 BERWICK WAY is 45m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 2 BERWICK WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 2 BERWICK WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Heysham.

2 BERWICK WAY: Plot and Title Map

2 BERWICK WAY sits on a plot of roughly 0.016 of an acre, or 63m². The below map shows the location of 2 BERWICK WAY, 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 2 BERWICK WAY). 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 2 BERWICK WAY?

2 BERWICK WAY is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 2 on BERWICK WAY.