3, BAILEY LANE, HEYSHAM, MORECAMBE, LA3 2PR - £165,000

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.

3 BAILEY LANE is a small extended detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £244,118. It was last sold for £165,000 in October 2014, which was around 27% below the average October 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

3 BAILEY LANE Sold Prices

Land registry data shows one sale for 3 BAILEY LANE 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
2014 24 OCT	£165,000	£224,937	27% below HPI

What might 3 BAILEY LANE be worth now?

3 BAILEY LANE might now be worth an estimated £244,118.

This is based on house price inflation of 48%, between October 2014 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 48% inflationary increase is applied to the most recent sale price for 3 BAILEY LANE of £165,000 on 24th October 2014. For the value to have increased from £165,000 to £244,118 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 3 BAILEY LANE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The October 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BAILEY LANE has not materially changed since October 2014.

How Large is 3 BAILEY LANE?

3 BAILEY LANE is 84m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 3 BAILEY LANE lies on this distribution: 22% of detached houses are smaller than 3 BAILEY LANE, and 74% of detached houses are larger. Note that EPC data is not available for all properties in Heysham.

3 BAILEY LANE: Plot

3 BAILEY LANE sits on a plot of roughly 0.124 of an acre, or 500m².

Where is 3 BAILEY LANE?

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