5, HEYSHAM PARK, HEYSHAM, MORECAMBE, LA3 2UD - £184,000

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.

5 HEYSHAM PARK is a small detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £247,769. It was last sold for £184,000 in November 2018, which was around 26% below the average November 2018 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 C.

5 HEYSHAM PARK Sold Prices

Land registry data shows two sales for 5 HEYSHAM PARK 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 5 HEYSHAM PARK 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 15 NOV	£184,000	£247,143	26% below HPI
1999 28 MAY	£60,000	£81,276	26% below HPI

5 HEYSHAM PARK 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 5 HEYSHAM PARK sales from May 1999 and November 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 May 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2018 sale, which was also at 26% below the HPI.

What might 5 HEYSHAM PARK be worth now?

5 HEYSHAM PARK might now be worth an estimated £247,769.

This is based on house price inflation of 34.7%, between November 2018 and May 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 34.7% inflationary increase is applied to the most recent sale price for 5 HEYSHAM PARK of £184,000 on 15th November 2018. For the value to have increased from £184,000 to £247,769 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 5 HEYSHAM PARK has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The November 2018 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HEYSHAM PARK has not materially changed since November 2018.

How Large is 5 HEYSHAM PARK?

5 HEYSHAM PARK is 89m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% 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 5 HEYSHAM PARK lies on this distribution: 34% of detached houses houses are smaller than 5 HEYSHAM PARK, and 64% of houses are larger. Note that EPC data is not available for all properties in Heysham.

5 HEYSHAM PARK: Plot and Title Map

5 HEYSHAM PARK sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 5 HEYSHAM PARK, 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 5 HEYSHAM PARK). 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 5 HEYSHAM PARK?

5 HEYSHAM PARK is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 5 on HEYSHAM PARK.