3, VIKING WAY, HEYSHAM, MORECAMBE, LA3 2TH - £175,000

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

3 VIKING WAY is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £175,000 in June 2014, which was around 24% below the average June 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

3 VIKING WAY Sold Prices

Land registry data shows two sales for 3 VIKING WAY 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 3 VIKING WAY 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
2014 2 JUN	£175,000	£230,936	24% below HPI
2000 1 DEC	£76,995	£98,227	22% below HPI

3 VIKING WAY 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 3 VIKING WAY sales from December 2000 and June 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 December 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 VIKING WAY?

3 VIKING WAY is 83m² according to the EPC inspection conducted in July 2023. 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 3 VIKING WAY lies on this distribution: 20% of detached houses are smaller than 3 VIKING WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Heysham.

3 VIKING WAY: Plot and Title Map

3 VIKING WAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 3 VIKING WAY, 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 3 VIKING WAY). 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 3 VIKING WAY?

3 VIKING WAY is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 3 on VIKING WAY.