41, GREENFINCH WAY, HEYSHAM, MORECAMBE, LA3 2GR - £145,000

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

41 GREENFINCH WAY is a very small detached house of 51m², built sometime from 2007 onwards. It was last sold for £145,000 in November 2023, which was around 59% below the average November 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was C.

41 GREENFINCH WAY Sold Prices

Land registry data shows four sales for 41 GREENFINCH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four 41 GREENFINCH 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
2023 28 NOV	£145,000	£356,137	59% below HPI
2017 12 JUN	£105,000	£250,581	58% below HPI
2013 26 APR	£95,000	£215,994	56% below HPI
2009 26 JUN	£106,000	£209,494	49% below HPI

41 GREENFINCH 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 four 41 GREENFINCH WAY sales between June 2009 and November 2023 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 June 2017 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the November 2023 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 41 GREENFINCH WAY?

41 GREENFINCH WAY is 51m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 41 GREENFINCH WAY lies on this distribution: 2% of detached houses are smaller than 41 GREENFINCH WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Heysham.

41 GREENFINCH WAY: Plot and Title Map

41 GREENFINCH WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 41 GREENFINCH 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 41 GREENFINCH 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 41 GREENFINCH WAY?

41 GREENFINCH WAY is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 41 on GREENFINCH WAY.