11A, SPRING BANK, SILVERDALE, CARNFORTH, LA5 0TD - £385,000

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

11A SPRING BANK is a midsized extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £385,000 in August 2020, which was around 39% above the average August 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

11A SPRING BANK Sold Prices

Land registry data shows three sales for 11A SPRING BANK 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 11A SPRING BANK 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
2020 20 AUG	£385,000	£276,173	39% above HPI
2001 21 AUG	£142,500	£102,910	38% above HPI
2000 29 JUN	£110,000	£89,289	23% above HPI

11A SPRING BANK 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 11A SPRING BANK sales between June 2000 and August 2020 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 August 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2020 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 11A SPRING BANK?

11A SPRING BANK is 124m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Silverdale, based on EPC data. The below chart shows the distribution of detached houses by size in Silverdale, and where 11A SPRING BANK lies on this distribution: 46% of detached houses are smaller than 11A SPRING BANK, and 54% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

11A SPRING BANK: Plot and Title Map

11A SPRING BANK sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 11A SPRING BANK, 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 11A SPRING BANK). 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 11A SPRING BANK?

11A SPRING BANK is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 11A on SPRING BANK.