3, ARRAN CLOSE, HEYSHAM, MORECAMBE, LA3 2YD - £160,000

3 ARRAN CLOSE is a large detached house of 127m², built sometime before 1900. It was last sold for £160,000 in March 2018, which was around 37% below the average March 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was C.

3 ARRAN CLOSE Sold Prices

Land registry data shows two sales for 3 ARRAN 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. Both of the two 3 ARRAN CLOSE 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
2018 16 MAR	£160,000	£253,416	37% below HPI
2001 19 OCT	£62,000	£107,863	43% below HPI

3 ARRAN 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 3 ARRAN CLOSE sales from October 2001 and March 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 October 2001 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 ARRAN CLOSE?

3 ARRAN CLOSE is 127m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 3 ARRAN CLOSE lies on this distribution: 77% of detached houses are smaller than 3 ARRAN CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Heysham.

3 ARRAN CLOSE: Plot and Title Map

3 ARRAN CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 3 ARRAN 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 3 ARRAN 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 3 ARRAN CLOSE?

3 ARRAN CLOSE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 3 on ARRAN CLOSE.