7, THE SPINNEY, HEYSHAM, MORECAMBE, LA3 2FP - £110,250

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.

7 THE SPINNEY is a detached house, which could now be worth an estimated £378,523. It was last sold for £110,250 in June 2001, which was around 14% above the average June 2001 detached price in the Lancaster local authority area.

7 THE SPINNEY Sold Prices

Land registry data shows one sale for 7 THE SPINNEY 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
2001 6 JUN	£110,250	£96,931	14% above HPI

What might 7 THE SPINNEY be worth now?

7 THE SPINNEY might now be worth an estimated £378,523.

This is based on house price inflation of 243.3%, between June 2001 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 243.3% inflationary increase is applied to the most recent sale price for 7 THE SPINNEY of £110,250 on 6th June 2001. For the value to have increased from £110,250 to £378,523 over the 25 years and one month to May 2026, the following assumptions must hold true:

• The value of 7 THE SPINNEY has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2001 sale price of £110,250 represented a fair market value for the property.
• The size, condition, and specification of 7 THE SPINNEY has not materially changed since June 2001.

Where is 7 THE SPINNEY?

7 THE SPINNEY is located in HEYSHAM, in the LA3 postcode district.