DRIFTWOOD, HEYSHAM HALL DRIVE, HEYSHAM, MORECAMBE, LA3 2QX - £275,000

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.

DRIFTWOOD is a very large detached house of 166m², built sometime between 1991 and 1995, which could now be worth an estimated £428,846. It was last sold for £275,000 in July 2012, which was around 28% above the average July 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

DRIFTWOOD Sold Prices

Land registry data shows two sales for DRIFTWOOD 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 DRIFTWOOD 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
2012 6 JUL	£275,000	£214,196	28% above HPI
2001 12 OCT	£132,250	£104,630	26% above HPI

DRIFTWOOD 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 DRIFTWOOD sales from October 2001 and July 2012 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 October 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2012 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might DRIFTWOOD be worth now?

DRIFTWOOD might now be worth an estimated £428,846.

This is based on house price inflation of 55.9%, between July 2012 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 55.9% inflationary increase is applied to the most recent sale price for DRIFTWOOD of £275,000 on 6th July 2012. For the value to have increased from £275,000 to £428,846 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of DRIFTWOOD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The July 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of DRIFTWOOD has not materially changed since July 2012.

How Large is DRIFTWOOD?

DRIFTWOOD is 166m² according to the EPC inspection conducted in April 2012. This puts it in the largest 10% 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 DRIFTWOOD lies on this distribution: 90% of detached houses houses are smaller than DRIFTWOOD, and 10% of houses are larger. Note that EPC data is not available for all properties in Heysham.

DRIFTWOOD: Plot and Title Map

DRIFTWOOD sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of DRIFTWOOD, 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 DRIFTWOOD). 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 DRIFTWOOD?

DRIFTWOOD is located on HEYSHAM HALL DRIVE in HEYSHAM, in the LA3 postcode district. The below map shows the position of DRIFTWOOD on HEYSHAM HALL DRIVE.