5, THE CLIFFS, HEYSHAM, MORECAMBE, LA3 1NY - £350,000

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

5 THE CLIFFS is a large detached house of 127m², built sometime between 1930 and 1949. It was last sold for £350,000 in September 2015, which was around 46% above the average September 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

5 THE CLIFFS Sold Prices

Land registry data shows three sales for 5 THE CLIFFS 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 THE CLIFFS 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
2015 4 SEP	£350,000	£239,826	46% above HPI
1996 4 JUL	£91,500	£77,015	19% above HPI
1995 26 OCT	£89,950	£82,326	9% above HPI

5 THE CLIFFS 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 THE CLIFFS sales between October 1995 and September 2015 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 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2015 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 5 THE CLIFFS?

5 THE CLIFFS is 127m² according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 5 THE CLIFFS lies on this distribution: 77% of detached houses are smaller than 5 THE CLIFFS, and 23% of houses are larger. Note that EPC data is not available for all properties in Heysham.

5 THE CLIFFS: Plot and Title Map

5 THE CLIFFS sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 5 THE CLIFFS, 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 THE CLIFFS). 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 THE CLIFFS?

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