WOODLANDS, BARROWS LANE, HEYSHAM, MORECAMBE, LA3 2RP - £397,000

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

WOODLANDS is a large detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £409,216. It was last sold for £397,000 in October 2022, which was around 21% above the average October 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

WOODLANDS Sold Prices

Land registry data shows three sales for WOODLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the three WOODLANDS 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
2022 31 OCT	£397,000	£327,218	21% above HPI
2017 15 SEP	£268,000	£239,097	12% above HPI
2015 17 APR	£235,000	£223,538	5% above HPI

WOODLANDS 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 three WOODLANDS sales between April 2015 and October 2022 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 September 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might WOODLANDS be worth now?

WOODLANDS might now be worth an estimated £409,216.

This is based on house price inflation of 3.1%, between October 2022 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 3.1% inflationary increase is applied to the most recent sale price for WOODLANDS of £397,000 on 31st October 2022. For the value to have increased from £397,000 to £409,216 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of WOODLANDS has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The October 2022 sale price of £397,000 represented a fair market value for the property.
• The size, condition, and specification of WOODLANDS has not materially changed since October 2022.

How Large is WOODLANDS?

WOODLANDS is 129m² according to the EPC inspection conducted in April 2014. 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 WOODLANDS lies on this distribution: 78% of detached houses houses are smaller than WOODLANDS, and 22% of houses are larger. Note that EPC data is not available for all properties in Heysham.

WOODLANDS: Plot and Title Map

WOODLANDS sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

WOODLANDS is located on BARROWS LANE in HEYSHAM, in the LA3 postcode district. The below map shows the position of WOODLANDS on BARROWS LANE.