PEAR TREE COTTAGE, MANOR COURTYARD, MAIN STREET, HEYSHAM, MORECAMBE, LA3 2RN - £285,000

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

PEAR TREE COTTAGE is a small semi-detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £280,901. It was last sold for £285,000 in November 2023, which was around 31% above the average November 2023 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

PEAR TREE COTTAGE Sold Prices

Land registry data shows three sales for PEAR TREE COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Lancaster local authority area for the corresponding sale date. All of the three PEAR TREE COTTAGE 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
2023 13 NOV	£285,000	£218,340	31% above HPI
2006 27 APR	£196,000	£134,595	46% above HPI
1997 30 JUN	£65,000	£47,496	37% above HPI

PEAR TREE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The three PEAR TREE COTTAGE sales between June 1997 and November 2023 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 2006 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might PEAR TREE COTTAGE be worth now?

PEAR TREE COTTAGE might now be worth an estimated £280,901.

This is based on house price deflation of 1.4%, between November 2023 and February 2025, for semi-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 1.4% deflationary decrease is applied to the most recent sale price for PEAR TREE COTTAGE of £285,000 on 13th November 2023. For the value to have decreased from £285,000 to £280,901 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of PEAR TREE COTTAGE has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The November 2023 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE COTTAGE has not materially changed since November 2023.

How Large is PEAR TREE COTTAGE?

PEAR TREE COTTAGE is 85m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of semi-detached houses houses in Heysham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Heysham, and where PEAR TREE COTTAGE lies on this distribution: 26% of semi-detached houses houses are smaller than PEAR TREE COTTAGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Heysham.

PEAR TREE COTTAGE: Plot and Title Map

PEAR TREE COTTAGE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of PEAR TREE COTTAGE, 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 PEAR TREE COTTAGE). 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 PEAR TREE COTTAGE?

PEAR TREE COTTAGE, MANOR COURTYARD is located on MAIN STREET in HEYSHAM, in the LA3 postcode district. The below map shows the position of PEAR TREE COTTAGE, MANOR COURTYARD on MAIN STREET.