116, MELDON ROAD, HEYSHAM, MORECAMBE, LA3 2FG - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

116 MELDON ROAD is a small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £249,324. It was last sold for £185,000 in May 2019, which was around 26% below the average May 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

116 MELDON ROAD Sold Prices

Land registry data shows two sales for 116 MELDON ROAD 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 116 MELDON ROAD 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
2019 1 MAY	£185,000	£250,269	26% below HPI
2001 2 AUG	£92,400	£99,826	7% below HPI

116 MELDON ROAD 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 116 MELDON ROAD sales from August 2001 and May 2019 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 August 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 116 MELDON ROAD be worth now?

116 MELDON ROAD might now be worth an estimated £249,324.

This is based on house price inflation of 34.8%, between May 2019 and December 2024, 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 34.8% inflationary increase is applied to the most recent sale price for 116 MELDON ROAD of £185,000 on 1st May 2019. For the value to have increased from £185,000 to £249,324 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 116 MELDON ROAD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The May 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 116 MELDON ROAD has not materially changed since May 2019.

How Large is 116 MELDON ROAD?

116 MELDON ROAD is 87m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% of detached houses houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heysham, and where 116 MELDON ROAD lies on this distribution: 32% of detached houses houses are smaller than 116 MELDON ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Heysham.

116 MELDON ROAD: Plot and Title Map

116 MELDON ROAD sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 116 MELDON ROAD, 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 116 MELDON ROAD). 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 116 MELDON ROAD?

116 MELDON ROAD is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 116 on MELDON ROAD.