23, THE SPINNEY, HEYSHAM, MORECAMBE, LA3 2FP - £205,000

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

23 THE SPINNEY is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £205,000 in September 2021, which was around 31% below the average September 2021 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

23 THE SPINNEY Sold Prices

Land registry data shows two sales for 23 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. Both of the two 23 THE SPINNEY 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
2021 23 SEP	£205,000	£295,669	31% below HPI
2005 27 MAY	£140,000	£201,387	30% below HPI

23 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 23 THE SPINNEY sales from May 2005 and September 2021 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 May 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 23 THE SPINNEY?

23 THE SPINNEY is 75m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 23 THE SPINNEY lies on this distribution: 11% of detached houses are smaller than 23 THE SPINNEY, and 88% of houses are larger. Note that EPC data is not available for all properties in Heysham.

23 THE SPINNEY: Plot and Title Map

23 THE SPINNEY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 23 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 23 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 23 THE SPINNEY?

23 THE SPINNEY is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 23 on THE SPINNEY.