15, HERON MEWS, HEYSHAM, MORECAMBE, LA3 2WE - £170,000

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

15 HERON MEWS is a very small detached house of 61m², built sometime between 2003 and 2006, which could now be worth an estimated £180,157. It was last sold for £170,000 in July 2022, which was around 47% below the average July 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

15 HERON MEWS Sold Prices

Land registry data shows two sales for 15 HERON MEWS 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 15 HERON MEWS 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
2022 22 JUL	£170,000	£318,271	47% below HPI
2004 16 DEC	£122,000	£200,081	39% below HPI

15 HERON MEWS 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 15 HERON MEWS sales from December 2004 and July 2022 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 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 15 HERON MEWS be worth now?

15 HERON MEWS might now be worth an estimated £180,157.

This is based on house price inflation of 6%, between July 2022 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 6% inflationary increase is applied to the most recent sale price for 15 HERON MEWS of £170,000 on 22nd July 2022. For the value to have increased from £170,000 to £180,157 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 15 HERON MEWS has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HERON MEWS has not materially changed since July 2022.

How Large is 15 HERON MEWS?

15 HERON MEWS is 61m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% 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 15 HERON MEWS lies on this distribution: 4% of detached houses houses are smaller than 15 HERON MEWS, and 96% of houses are larger. Note that EPC data is not available for all properties in Heysham.

15 HERON MEWS: Plot and Title Map

15 HERON MEWS sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 15 HERON MEWS, 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 15 HERON MEWS). 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 15 HERON MEWS?

15 HERON MEWS is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 15 on HERON MEWS.