2, THE HEADLANDS, HEYSHAM, MORECAMBE, LA3 2RX - £475,000

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.

2 THE HEADLANDS is a very large extended detached house of 240m², built sometime between 1996 and 2002, which could now be worth an estimated £702,800. It was last sold for £475,000 in November 2014, which was around 111% above the average November 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

2 THE HEADLANDS Sold Prices

Land registry data shows two sales for 2 THE HEADLANDS 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 2 THE HEADLANDS sales was for above the average price, whilst the other was 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 21 NOV	£475,000	£224,879	111% above HPI
2004 22 AUG	£55,000	£194,848	72% below HPI

2 THE HEADLANDS 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 2 THE HEADLANDS sales from August 2004 and November 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 August 2004 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the November 2014 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.

What might 2 THE HEADLANDS be worth now?

2 THE HEADLANDS might now be worth an estimated £702,800.

This is based on house price inflation of 48%, between November 2014 and April 2026, 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 48% inflationary increase is applied to the most recent sale price for 2 THE HEADLANDS of £475,000 on 21st November 2014. For the value to have increased from £475,000 to £702,800 over the twelve years and seven months to April 2026, the following assumptions must hold true:

• The value of 2 THE HEADLANDS has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2014 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE HEADLANDS has not materially changed since November 2014.

How Large is 2 THE HEADLANDS?

2 THE HEADLANDS is 240m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 10% 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 2 THE HEADLANDS lies on this distribution: 98% of detached houses houses are smaller than 2 THE HEADLANDS, and 2% of houses are larger. Note that EPC data is not available for all properties in Heysham.

2 THE HEADLANDS: Plot and Title Map

2 THE HEADLANDS sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of 2 THE HEADLANDS, 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 THE HEADLANDS). 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 THE HEADLANDS?

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