2, SUGHAM LANE, HEYSHAM, MORECAMBE, LA3 2DR - £330,000

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

2 SUGHAM LANE is a very large extended detached house of 150m², built sometime between 1930 and 1949. It was last sold for £330,000 in September 2022, which was around 1% below the average September 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

2 SUGHAM LANE Sold Prices

Land registry data shows four sales for 2 SUGHAM LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. two of the four 2 SUGHAM LANE sales were for below the average price, and four 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
2022 23 SEP	£330,000	£334,153	1% below HPI
2008 6 MAR	£225,000	£238,074	5% below HPI
2007 12 MAR	£234,000	£225,335	4% above HPI
1998 30 JUL	£83,500	£82,026	2% above HPI

2 SUGHAM LANE 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 four 2 SUGHAM LANE sales between July 1998 and September 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 March 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 SUGHAM LANE?

2 SUGHAM LANE is 150m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 2 SUGHAM LANE lies on this distribution: 87% of detached houses are smaller than 2 SUGHAM LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Heysham.

2 SUGHAM LANE: Plot and Title Map

2 SUGHAM LANE sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 2 SUGHAM LANE, 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 2 SUGHAM LANE). 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 2 SUGHAM LANE?

2 SUGHAM LANE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 2 on SUGHAM LANE.