2, WEMYSS CLOSE, HEYSHAM, MORECAMBE, LA3 2UG - £155,000

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.

2 WEMYSS CLOSE is a very small detached house of 46m², built sometime between 1983 and 1990, which could now be worth an estimated £168,597. It was last sold for £155,000 in February 2022, which was around 49% below the average February 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

2 WEMYSS CLOSE Sold Prices

Land registry data shows one sale for 2 WEMYSS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 FEB	£155,000	£305,955	49% below HPI

What might 2 WEMYSS CLOSE be worth now?

2 WEMYSS CLOSE might now be worth an estimated £168,597.

This is based on house price inflation of 8.8%, between February 2022 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 8.8% inflationary increase is applied to the most recent sale price for 2 WEMYSS CLOSE of £155,000 on 28th February 2022. For the value to have increased from £155,000 to £168,597 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 WEMYSS CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The February 2022 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEMYSS CLOSE has not materially changed since February 2022.

How Large is 2 WEMYSS CLOSE?

2 WEMYSS CLOSE is 46m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 2 WEMYSS CLOSE lies on this distribution: 1% of detached houses are smaller than 2 WEMYSS CLOSE, and 99% of detached houses are larger. Note that EPC data is not available for all properties in Heysham.

Where is 2 WEMYSS CLOSE?

2 WEMYSS CLOSE is located in HEYSHAM, in the LA3 postcode district.