34, RIDGE GROVE, HEYSHAM, MORECAMBE, LA3 2JN - £200,000

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

34 RIDGE GROVE is a midsized extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £200,000 in October 2018, which was around 24% below the average October 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

34 RIDGE GROVE Sold Prices

Land registry data shows three sales for 34 RIDGE 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. All of the three 34 RIDGE GROVE 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
2018 31 OCT	£200,000	£261,581	24% below HPI
2017 21 JUL	£175,000	£246,561	29% below HPI
2002 24 JUN	£86,000	£114,177	25% below HPI

34 RIDGE 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 34 RIDGE GROVE sales between June 2002 and October 2018 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 July 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 34 RIDGE GROVE?

34 RIDGE GROVE is 95m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 34 RIDGE GROVE lies on this distribution: 45% of detached houses are smaller than 34 RIDGE GROVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Heysham.

34 RIDGE GROVE: Plot and Title Map

34 RIDGE GROVE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 34 RIDGE 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 34 RIDGE 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 34 RIDGE GROVE?

34 RIDGE GROVE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 34 on RIDGE GROVE.