Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 THE HEADLANDS is a very large extended detached house of 240m², built sometime between 1996 and 2002. It was last sold for £475,000 in November 2014, which was around 105% above the average November 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 2 THE HEADLANDS since 1st 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. One of the two 2 THE HEADLANDS sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2014 21 NOV | £475,000 | £231,828 | 105% above HPI |
2004 22 AUG | £55,000 | £200,869 | 73% below HPI |
The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 2 THE HEADLANDS sales from August 2004 and November 2014 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 August 2004 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the November 2014 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.
2 THE HEADLANDS is 240m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 10% 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 THE HEADLANDS lies on this distribution: 98% of detached houses are smaller than 2 THE HEADLANDS, and 2% of houses are larger. Note that EPC data is not available for all properties in Heysham.
2 THE HEADLANDS sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 2 THE HEADLANDS, 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 THE HEADLANDS). 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.
2 THE HEADLANDS is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 2 on THE HEADLANDS.