5, GREENSHANK CLOSE, HEYSHAM, MORECAMBE, LA3 2DP - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 GREENSHANK CLOSE is a small detached house of 86m², which could now be worth an estimated £221,174. It was last sold for £180,000 in October 2020, which was around 34% below the average October 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2010, where the current energy rating was B, and the potential energy rating was B.

5 GREENSHANK CLOSE Sold Prices

Land registry data shows three sales for 5 GREENSHANK CLOSE 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 5 GREENSHANK CLOSE 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
2020 30 OCT	£180,000	£274,497	34% below HPI
2018 19 JAN	£168,250	£247,100	32% below HPI
2010 9 DEC	£169,995	£213,503	20% below HPI

5 GREENSHANK CLOSE 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 5 GREENSHANK CLOSE sales between December 2010 and October 2020 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 January 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 GREENSHANK CLOSE be worth now?

5 GREENSHANK CLOSE might now be worth an estimated £221,174.

This is based on house price inflation of 22.9%, between October 2020 and December 2024, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 5 GREENSHANK CLOSE of £180,000 on 30th October 2020. For the value to have increased from £180,000 to £221,174 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 GREENSHANK CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The October 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GREENSHANK CLOSE has not materially changed since October 2020.

How Large is 5 GREENSHANK CLOSE?

5 GREENSHANK CLOSE is 86m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heysham, and where 5 GREENSHANK CLOSE lies on this distribution: 28% of detached houses houses are smaller than 5 GREENSHANK CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Heysham.

5 GREENSHANK CLOSE: Plot and Title Map

5 GREENSHANK CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 5 GREENSHANK CLOSE, 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 5 GREENSHANK CLOSE). 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 5 GREENSHANK CLOSE?

5 GREENSHANK CLOSE is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 5 on GREENSHANK CLOSE.