4, ARRAN CLOSE, HEYSHAM, MORECAMBE, LA3 2YD - £70,500

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.

4 ARRAN CLOSE is a detached house, which could now be worth an estimated £221,501. It was last sold for £70,500 in March 2002, which was around 33% below the average March 2002 detached price in the Lancaster local authority area.

4 ARRAN CLOSE Sold Prices

Land registry data shows two sales for 4 ARRAN 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 4 ARRAN 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
2002 1 MAR	£70,500	£105,923	33% below HPI
1998 13 FEB	£61,000	£78,308	22% below HPI

What might 4 ARRAN CLOSE be worth now?

4 ARRAN CLOSE might now be worth an estimated £221,501.

This is based on house price inflation of 214.2%, between March 2002 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 214.2% inflationary increase is applied to the most recent sale price for 4 ARRAN CLOSE of £70,500 on 1st March 2002. For the value to have increased from £70,500 to £221,501 over the 23 years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 ARRAN CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2002 sale price of £70,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ARRAN CLOSE has not materially changed since March 2002.

Where is 4 ARRAN CLOSE?

4 ARRAN CLOSE is located in HEYSHAM, in the LA3 postcode district.