22, BAILEY LANE, HEYSHAM, MORECAMBE, LA3 2PS - £230,000

22 BAILEY LANE is a small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £230,000 in July 2008, which was around 3% below the average July 2008 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

22 BAILEY LANE Sold Prices

Land registry data shows two sales for 22 BAILEY LANE 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. Both of the two 22 BAILEY LANE 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
2008 21 JUL	£230,000	£236,991	3% below HPI
2007 4 APR	£172,500	£223,819	23% below HPI

22 BAILEY LANE 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 22 BAILEY LANE sales from April 2007 and July 2008 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 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2008 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 22 BAILEY LANE?

22 BAILEY LANE is 87m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 22 BAILEY LANE lies on this distribution: 32% of detached houses are smaller than 22 BAILEY LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Heysham.

22 BAILEY LANE: Plot and Title Map

22 BAILEY LANE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 22 BAILEY LANE, 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 22 BAILEY LANE). 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 22 BAILEY LANE?

22 BAILEY LANE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 22 on BAILEY LANE.