1, THE CHASE, SILVERDALE, CARNFORTH, LA5 0UT - £395,000

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

1 THE CHASE is a large detached house of 145m², built sometime between 1991 and 1995, which could now be worth an estimated £586,565. It was last sold for £395,000 in October 2014, which was around 76% above the average October 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

1 THE CHASE Sold Prices

Land registry data shows two sales for 1 THE CHASE 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 1 THE CHASE 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
2014 23 OCT	£395,000	£224,937	76% above HPI
2005 19 DEC	£340,000	£201,464	69% above HPI

1 THE CHASE 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 1 THE CHASE sales from December 2005 and October 2014 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 December 2005 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the October 2014 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 1 THE CHASE be worth now?

1 THE CHASE might now be worth an estimated £586,565.

This is based on house price inflation of 48.5%, between October 2014 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 48.5% inflationary increase is applied to the most recent sale price for 1 THE CHASE of £395,000 on 23rd October 2014. For the value to have increased from £395,000 to £586,565 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 THE CHASE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The October 2014 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE CHASE has not materially changed since October 2014.

How Large is 1 THE CHASE?

1 THE CHASE is 145m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses houses in Silverdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silverdale, and where 1 THE CHASE lies on this distribution: 62% of detached houses houses are smaller than 1 THE CHASE, and 38% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

1 THE CHASE: Plot and Title Map

1 THE CHASE sits on a plot of roughly 0.316 of an acre, or 1,279m². The below map shows the location of 1 THE CHASE, 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 THE CHASE). 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 THE CHASE?

1 THE CHASE is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 1 on THE CHASE.