1, SYLVAN PLACE, HEYSHAM, MORECAMBE, LA3 2QT - £143,000

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 SYLVAN PLACE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £143,000 in February 2017, which was around 42% below the average February 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

1 SYLVAN PLACE Sold Prices

Land registry data shows two sales for 1 SYLVAN PLACE 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 SYLVAN PLACE 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
2017 13 FEB	£143,000	£248,502	42% below HPI
2003 30 MAY	£99,000	£142,286	30% below HPI

1 SYLVAN PLACE 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 SYLVAN PLACE sales from May 2003 and February 2017 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 May 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 1 SYLVAN PLACE?

1 SYLVAN PLACE is 63m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% 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 SYLVAN PLACE lies on this distribution: 4% of detached houses are smaller than 1 SYLVAN PLACE, and 95% of houses are larger. Note that EPC data is not available for all properties in Heysham.

1 SYLVAN PLACE: Plot and Title Map

1 SYLVAN PLACE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 1 SYLVAN PLACE, 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 SYLVAN PLACE). 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 SYLVAN PLACE?

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