8, VIKING WAY, HEYSHAM, MORECAMBE, LA3 2TH - £237,000

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.

8 VIKING WAY is a midsized detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £268,383. It was last sold for £237,000 in March 2021, which was around 17% below the average March 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

8 VIKING WAY Sold Prices

Land registry data shows three sales for 8 VIKING WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three 8 VIKING WAY 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
2021 8 MAR	£237,000	£284,417	17% below HPI
2017 22 NOV	£208,000	£242,276	14% below HPI
2000 27 OCT	£86,500	£93,262	7% below HPI

8 VIKING WAY 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 three 8 VIKING WAY sales between October 2000 and March 2021 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 November 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 8 VIKING WAY be worth now?

8 VIKING WAY might now be worth an estimated £268,383.

This is based on house price inflation of 13.2%, between March 2021 and June 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 13.2% inflationary increase is applied to the most recent sale price for 8 VIKING WAY of £237,000 on 8th March 2021. For the value to have increased from £237,000 to £268,383 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 8 VIKING WAY has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2021 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VIKING WAY has not materially changed since March 2021.

How Large is 8 VIKING WAY?

8 VIKING WAY is 93m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% 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 8 VIKING WAY lies on this distribution: 42% of detached houses houses are smaller than 8 VIKING WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Heysham.

8 VIKING WAY: Plot and Title Map

8 VIKING WAY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 VIKING WAY, 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 8 VIKING WAY). 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 8 VIKING WAY?

8 VIKING WAY is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 8 on VIKING WAY.