21, BAILEY LANE, HEYSHAM, MORECAMBE, LA3 2PS - £48,000

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.

21 BAILEY LANE is a small extended terraced house of 71m², built sometime before 1900, which could now be worth an estimated £222,985. It was last sold for £48,000 in June 1995, which was around 29% above the average June 1995 terraced price in the Lancaster local authority area. The most recent EPC inspection was February 2019, where the current energy rating was F, and the potential energy rating was B.

21 BAILEY LANE Sold Prices

Land registry data shows one sale for 21 BAILEY LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
1995 9 JUN	£48,000	£37,164	29% above HPI

What might 21 BAILEY LANE be worth now?

21 BAILEY LANE might now be worth an estimated £222,985.

This is based on house price inflation of 364.6%, between June 1995 and May 2026, for terraced 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 364.6% inflationary increase is applied to the most recent sale price for 21 BAILEY LANE of £48,000 on 9th June 1995. For the value to have increased from £48,000 to £222,985 over the 31 years and one month to May 2026, the following assumptions must hold true:

• The value of 21 BAILEY LANE has moved in line with the HPI for terraced houses in the Lancaster local authority area.
• The June 1995 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 21 BAILEY LANE has not materially changed since June 1995.

How Large is 21 BAILEY LANE?

21 BAILEY LANE is 71m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of terraced houses in Heysham, based on EPC data. The below chart shows the distribution of terraced houses by size in Heysham, and where 21 BAILEY LANE lies on this distribution: 23% of terraced houses are smaller than 21 BAILEY LANE, and 76% of terraced houses are larger. Note that EPC data is not available for all properties in Heysham.

21 BAILEY LANE: Plot

21 BAILEY LANE sits on a plot of roughly 0.053 of an acre, or 213m².

Where is 21 BAILEY LANE?

21 BAILEY LANE is located in HEYSHAM, in the LA3 postcode district.