15, COVE ROAD, SILVERDALE, CARNFORTH, LA5 0RR - £485,000

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

15 COVE ROAD is a midsized extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £485,000 in August 2023, which was around 39% above the average August 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

15 COVE ROAD Sold Prices

Land registry data shows two sales for 15 COVE ROAD 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 15 COVE ROAD 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
2023 2 AUG	£485,000	£349,458	39% above HPI
2009 2 OCT	£250,000	£219,871	14% above HPI

15 COVE ROAD 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 15 COVE ROAD sales from October 2009 and August 2023 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 October 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 15 COVE ROAD?

15 COVE ROAD is 133m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 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 15 COVE ROAD lies on this distribution: 50% of detached houses are smaller than 15 COVE ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

15 COVE ROAD: Plot and Title Map

15 COVE ROAD sits on a plot of roughly 0.247 of an acre, or 1,000m². The below map shows the location of 15 COVE ROAD, 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 15 COVE ROAD). 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 15 COVE ROAD?

15 COVE ROAD is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 15 on COVE ROAD.