16, PENRITH AVENUE, HEYSHAM, MORECAMBE, LA3 2DJ - £249,500

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

16 PENRITH AVENUE is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £249,500 in October 2011, which was around 14% above the average October 2011 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

16 PENRITH AVENUE Sold Prices

Land registry data shows two sales for 16 PENRITH AVENUE 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 16 PENRITH AVENUE sales were 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
2011 12 OCT	£249,500	£218,640	14% above HPI
2004 17 MAY	£195,000	£185,661	5% above HPI

16 PENRITH AVENUE 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 16 PENRITH AVENUE sales from May 2004 and October 2011 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2011 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 16 PENRITH AVENUE?

16 PENRITH AVENUE is 89m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 40% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 16 PENRITH AVENUE lies on this distribution: 36% of detached houses are smaller than 16 PENRITH AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Heysham.

16 PENRITH AVENUE: Plot and Title Map

16 PENRITH AVENUE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 16 PENRITH AVENUE, 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 16 PENRITH AVENUE). 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 16 PENRITH AVENUE?

16 PENRITH AVENUE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 16 on PENRITH AVENUE.