7, HEYSHAM PARK, HEYSHAM, MORECAMBE, LA3 2UD - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 HEYSHAM PARK is a small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £248,736. It was last sold for £190,000 in September 2018, which was around 26% below the average September 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

7 HEYSHAM PARK Sold Prices

Land registry data shows three sales for 7 HEYSHAM PARK 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 7 HEYSHAM PARK 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 21 SEP	£190,000	£255,150	26% below HPI
2004 7 MAY	£145,000	£180,096	19% below HPI
2002 3 MAY	£94,950	£107,751	12% below HPI

7 HEYSHAM PARK 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 7 HEYSHAM PARK sales between May 2002 and September 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 May 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 7 HEYSHAM PARK be worth now?

7 HEYSHAM PARK might now be worth an estimated £248,736.

This is based on house price inflation of 30.9%, between September 2018 and February 2025, 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 30.9% inflationary increase is applied to the most recent sale price for 7 HEYSHAM PARK of £190,000 on 21st September 2018. For the value to have increased from £190,000 to £248,736 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 HEYSHAM PARK has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The September 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HEYSHAM PARK has not materially changed since September 2018.

How Large is 7 HEYSHAM PARK?

7 HEYSHAM PARK is 88m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% 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 7 HEYSHAM PARK lies on this distribution: 33% of detached houses houses are smaller than 7 HEYSHAM PARK, and 66% of houses are larger. Note that EPC data is not available for all properties in Heysham.

7 HEYSHAM PARK: Plot and Title Map

7 HEYSHAM PARK sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 7 HEYSHAM PARK, 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 7 HEYSHAM PARK). 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 7 HEYSHAM PARK?

7 HEYSHAM PARK is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 7 on HEYSHAM PARK.