1, ARRAN CLOSE, HEYSHAM, MORECAMBE, LA3 2YD - £164,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 ARRAN CLOSE is a midsized extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £164,000 in July 2018, which was around 35% below the average July 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

1 ARRAN CLOSE Sold Prices

Land registry data shows two sales for 1 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 1 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
2018 13 JUL	£164,000	£253,927	35% below HPI
2009 18 DEC	£140,000	£225,398	38% below HPI

1 ARRAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 1 ARRAN CLOSE sales from December 2009 and July 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 ARRAN CLOSE?

1 ARRAN CLOSE is 103m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 1 ARRAN CLOSE lies on this distribution: 54% of detached houses are smaller than 1 ARRAN CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Heysham.

1 ARRAN CLOSE: Plot and Title Map

1 ARRAN CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 1 ARRAN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 ARRAN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 ARRAN CLOSE?

1 ARRAN CLOSE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 1 on ARRAN CLOSE.