7, VIKING WAY, HEYSHAM, MORECAMBE, LA3 2TH - £225,000

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

7 VIKING WAY is a large extended detached house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £329,975. It was last sold for £225,000 in February 2016, which was around 2% below the average February 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

7 VIKING WAY Sold Prices

Land registry data shows two sales for 7 VIKING WAY 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. One of the two 7 VIKING WAY sales was for below the average price, whilst the other was 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
2016 29 FEB	£225,000	£229,986	2% below HPI
2001 20 APR	£94,500	£91,958	3% above HPI

7 VIKING 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 two 7 VIKING WAY sales from April 2001 and February 2016 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 April 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 7 VIKING WAY be worth now?

7 VIKING WAY might now be worth an estimated £329,975.

This is based on house price inflation of 46.7%, between February 2016 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 46.7% inflationary increase is applied to the most recent sale price for 7 VIKING WAY of £225,000 on 29th February 2016. For the value to have increased from £225,000 to £329,975 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 7 VIKING WAY has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The February 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 7 VIKING WAY has not materially changed since February 2016.

How Large is 7 VIKING WAY?

7 VIKING WAY is 121m², which includes one extension, according to the EPC inspection conducted in January 2016. 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 7 VIKING WAY lies on this distribution: 72% of detached houses houses are smaller than 7 VIKING WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Heysham.

7 VIKING WAY: Plot and Title Map

7 VIKING WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 7 VIKING 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 7 VIKING 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 7 VIKING WAY?

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