98, MELDON ROAD, HEYSHAM, MORECAMBE, LA3 2FG - £160,000

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

98 MELDON ROAD is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £160,000 in November 2019, which was around 41% below the average November 2019 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.

98 MELDON ROAD Sold Prices

Land registry data shows two sales for 98 MELDON ROAD 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 98 MELDON ROAD 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
2019 18 NOV	£160,000	£270,160	41% below HPI
2008 31 MAR	£80,000	£238,074	66% below HPI

98 MELDON ROAD 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 98 MELDON ROAD sales from March 2008 and November 2019 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 March 2008 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the November 2019 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 98 MELDON ROAD?

98 MELDON ROAD is 70m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of detached houses in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where 98 MELDON ROAD lies on this distribution: 8% of detached houses are smaller than 98 MELDON ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Heysham.

98 MELDON ROAD: Plot and Title Map

98 MELDON ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 98 MELDON ROAD, 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 98 MELDON ROAD). 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 98 MELDON ROAD?

98 MELDON ROAD is located in HEYSHAM, in the LA3 postcode district. The below map shows the position of No. 98 on MELDON ROAD.