5, HAZEL BANK, HEYSHAM, MORECAMBE, LA3 2FE - £159,950

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 HAZEL BANK is a large extended detached house of 122m², built sometime between 1996 and 2002, which could now be worth an estimated £371,704. It was last sold for £159,950 in June 2003, which was around 10% above the average June 2003 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

5 HAZEL BANK Sold Prices

Land registry data shows two sales for 5 HAZEL BANK 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 5 HAZEL BANK sales were for above 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
2003 6 JUN	£159,950	£145,140	10% above HPI
1996 16 AUG	£89,950	£76,259	18% above HPI

5 HAZEL BANK 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 5 HAZEL BANK sales from August 1996 and June 2003 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 August 1996 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2003 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 HAZEL BANK be worth now?

5 HAZEL BANK might now be worth an estimated £371,704.

This is based on house price inflation of 132.4%, between June 2003 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 132.4% inflationary increase is applied to the most recent sale price for 5 HAZEL BANK of £159,950 on 6th June 2003. For the value to have increased from £159,950 to £371,704 over the twenty years and six months to December 2024, the following assumptions must hold true:

• The value of 5 HAZEL BANK has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2003 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 5 HAZEL BANK has not materially changed since June 2003.

How Large is 5 HAZEL BANK?

5 HAZEL BANK is 122m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 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 HAZEL BANK lies on this distribution: 73% of detached houses houses are smaller than 5 HAZEL BANK, and 26% of houses are larger. Note that EPC data is not available for all properties in Heysham.

5 HAZEL BANK: Plot and Title Map

5 HAZEL BANK sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 5 HAZEL BANK, 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 HAZEL BANK). 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 HAZEL BANK?

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