18, TERN GROVE, HEYSHAM, MORECAMBE, LA3 2WH - £225,000

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

18 TERN GROVE is a large detached house of 115m², built sometime between 2003 and 2006. It was last sold for £225,000 in August 2010, which was around 2% below the average August 2010 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

18 TERN GROVE Sold Prices

Land registry data shows three sales for 18 TERN GROVE 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. All of the three 18 TERN GROVE 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
2010 31 AUG	£225,000	£228,510	2% below HPI
2005 18 FEB	£184,950	£196,677	6% below HPI
2004 23 APR	£155,000	£180,204	14% below HPI

18 TERN GROVE 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 18 TERN GROVE sales between April 2004 and August 2010 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 February 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2010 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 18 TERN GROVE?

18 TERN GROVE is 115m² according to the EPC inspection conducted in March 2009. This puts it in the largest 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 18 TERN GROVE lies on this distribution: 66% of detached houses are smaller than 18 TERN GROVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Heysham.

18 TERN GROVE: Plot and Title Map

18 TERN GROVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 18 TERN GROVE, 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 18 TERN GROVE). 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 18 TERN GROVE?

18 TERN GROVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 18 on TERN GROVE.