2, THE SPINNEY, HEYSHAM, MORECAMBE, LA3 2FP - £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

2 THE SPINNEY is a very large detached house of 143m², built sometime between 1996 and 2002. 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 August 2009, where the current energy rating was C, and the potential energy rating was C.

2 THE SPINNEY Sold Prices

Land registry data shows two sales for 2 THE SPINNEY 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. One of the two 2 THE SPINNEY sales was for below the average price, whilst the other 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
2010 31 AUG	£225,000	£228,510	2% below HPI
1999 20 AUG	£101,500	£87,873	16% above HPI

2 THE SPINNEY 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 2 THE SPINNEY sales from August 1999 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 August 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2010 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 143m² according to the EPC inspection conducted in August 2009. 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 THE SPINNEY lies on this distribution: 85% of detached houses are smaller than 2 THE SPINNEY, and 14% of houses are larger. Note that EPC data is not available for all properties in Heysham.

2 THE SPINNEY: Plot and Title Map

2 THE SPINNEY sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of 2 THE SPINNEY, 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 SPINNEY). 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 THE SPINNEY?

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