1, SPRING VALE, SWARTHMOOR, ULVERSTON, LA12 0XA - £278,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SPRING VALE is a small detached house of 80m², built sometime between 1983 and 1990. It was last sold for £278,000 in May 2022, which was around 22% below the average May 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

1 SPRING VALE Sold Prices

Land registry data shows four sales for 1 SPRING VALE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the four 1 SPRING VALE 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
2022 6 MAY	£278,000	£355,253	22% below HPI
2020 16 MAR	£266,000	£309,320	14% below HPI
2000 29 SEP	£83,000	£116,333	29% below HPI
1995 18 AUG	£70,000	£83,149	16% below HPI

1 SPRING VALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The four 1 SPRING VALE sales between August 1995 and May 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 March 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 SPRING VALE?

1 SPRING VALE is 80m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Swarthmoor, based on EPC data. The below chart shows the distribution of detached houses by size in Swarthmoor, and where 1 SPRING VALE lies on this distribution: 25% of detached houses are smaller than 1 SPRING VALE, and 72% of houses are larger. Note that EPC data is not available for all properties in Swarthmoor.

1 SPRING VALE: Plot and Title Map

1 SPRING VALE sits on a plot of roughly 11.5 acres, or 46,727m². The below map shows the location of 1 SPRING VALE, 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 1 SPRING VALE). 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 1 SPRING VALE?

1 SPRING VALE is located in SWARTHMOOR, in the LA12 postcode district. The below map shows the position of No. 1 on SPRING VALE.