12, SPRING BANK, SILVERDALE, CARNFORTH, LA5 0TD - £360,000

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

12 SPRING BANK is a large extended detached house of 157m², built sometime before 1900. It was last sold for £360,000 in March 2013, which was around 69% above the average March 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.

12 SPRING BANK Sold Prices

Land registry data shows two sales for 12 SPRING BANK 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 12 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
2013 1 MAR	£360,000	£213,362	69% above HPI
2010 19 JUL	£454,000	£229,046	98% above HPI

12 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 two 12 SPRING BANK sales from July 2010 and March 2013 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 July 2010 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the March 2013 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 12 SPRING BANK?

12 SPRING BANK is 157m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 40% of detached houses in Silverdale, based on EPC data. The below chart shows the distribution of detached houses by size in Silverdale, and where 12 SPRING BANK lies on this distribution: 69% of detached houses are smaller than 12 SPRING BANK, and 31% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

12 SPRING BANK: Plot and Title Map

12 SPRING BANK sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 12 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 12 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 12 SPRING BANK?

12 SPRING BANK is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 12 on SPRING BANK.