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

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

DRIFTWOOD is a very large detached house of 166m², built sometime between 1991 and 1995. It was last sold for £275,000 in July 2012, which was around 25% 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	£220,815	25% above HPI
2001 12 OCT	£132,250	£107,863	23% 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 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2012 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

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 in Heysham, based on EPC data. The below chart shows the distribution of detached houses by size in Heysham, and where DRIFTWOOD lies on this distribution: 91% of detached houses are smaller than DRIFTWOOD, and 9% 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.