6, REDWING CLOSE, HEYSHAM, MORECAMBE, LA3 2BH - £172,000

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.

6 REDWING CLOSE is a small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £253,300. It was last sold for £172,000 in June 2015, which was around 24% below the average June 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

6 REDWING CLOSE Sold Prices

Land registry data shows two sales for 6 REDWING 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 6 REDWING 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
2015 26 JUN	£172,000	£226,816	24% below HPI
2008 20 MAR	£205,995	£230,938	11% below HPI

6 REDWING 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 6 REDWING CLOSE sales from March 2008 and June 2015 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 March 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 6 REDWING CLOSE be worth now?

6 REDWING CLOSE might now be worth an estimated £253,300.

This is based on house price inflation of 47.3%, between June 2015 and February 2025, 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 47.3% inflationary increase is applied to the most recent sale price for 6 REDWING CLOSE of £172,000 on 26th June 2015. For the value to have increased from £172,000 to £253,300 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 6 REDWING CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2015 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 6 REDWING CLOSE has not materially changed since June 2015.

How Large is 6 REDWING CLOSE?

6 REDWING CLOSE is 84m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% 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 6 REDWING CLOSE lies on this distribution: 22% of detached houses houses are smaller than 6 REDWING CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Heysham.

6 REDWING CLOSE: Plot and Title Map

6 REDWING CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 6 REDWING 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 6 REDWING 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 6 REDWING CLOSE?

6 REDWING CLOSE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 6 on REDWING CLOSE.