15, THE SPINNEY, HEYSHAM, MORECAMBE, LA3 2FP - £255,000

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

15 THE SPINNEY is a midsized detached house of 99m², built sometime between 1996 and 2002. It was last sold for £255,000 in February 2019, which was around 2% below the average February 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

15 THE SPINNEY Sold Prices

Land registry data shows three sales for 15 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Two of the three 15 THE SPINNEY sales were for below the average price, whilst one was for above 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 21 FEB	£255,000	£261,440	2% below HPI
2002 12 JUL	£116,000	£118,897	2% below HPI
1999 30 JUN	£94,950	£85,877	11% above HPI

15 THE SPINNEY 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 three 15 THE SPINNEY sales between June 1999 and February 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 July 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2019 sale, which was also at 2% below the HPI.

How Large is 15 THE SPINNEY?

15 THE SPINNEY is 99m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 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 15 THE SPINNEY lies on this distribution: 49% of detached houses are smaller than 15 THE SPINNEY, and 51% of houses are larger. Note that EPC data is not available for all properties in Heysham.

15 THE SPINNEY: Plot and Title Map

15 THE SPINNEY sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 15 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

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