2, TERN GROVE, HEYSHAM, MORECAMBE, LA3 2WH - £210,000

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

2 TERN GROVE is a very large detached house of 146m², built sometime between 1996 and 2002, which could now be worth an estimated £320,227. It was last sold for £210,000 in January 2015, which was around 5% below the average January 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was D.

2 TERN GROVE Sold Prices

Land registry data shows three sales for 2 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. Two of the three 2 TERN GROVE 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
2015 19 JAN	£210,000	£221,188	5% below HPI
2007 16 FEB	£210,000	£218,687	4% below HPI
2003 24 JUL	£152,000	£148,111	3% above HPI

2 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 2 TERN GROVE sales between July 2003 and January 2015 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 TERN GROVE be worth now?

2 TERN GROVE might now be worth an estimated £320,227.

This is based on house price inflation of 52.5%, between January 2015 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 52.5% inflationary increase is applied to the most recent sale price for 2 TERN GROVE of £210,000 on 19th January 2015. For the value to have increased from £210,000 to £320,227 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 2 TERN GROVE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The January 2015 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TERN GROVE has not materially changed since January 2015.

How Large is 2 TERN GROVE?

2 TERN GROVE is 146m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% 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 2 TERN GROVE lies on this distribution: 85% of detached houses houses are smaller than 2 TERN GROVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Heysham.

2 TERN GROVE: Plot and Title Map

2 TERN GROVE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 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 2 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 2 TERN GROVE?

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