1C, SPRING BANK, SILVERDALE, CARNFORTH, LA5 0TD - £395,000

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

1C SPRING BANK is a midsized detached house of 140m², built sometime before 1900. It was last sold for £395,000 in December 2020, which was around 39% above the average December 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

1C SPRING BANK Sold Prices

Land registry data shows two sales for 1C 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 1C 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 21 DEC	£395,000	£284,916	39% above HPI
2007 7 DEC	£302,000	£247,493	22% above HPI

1C 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 1C SPRING BANK sales from December 2007 and December 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 December 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2020 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 1C SPRING BANK?

1C SPRING BANK is 140m² according to the EPC inspection conducted in March 2018. 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 1C SPRING BANK lies on this distribution: 56% of detached houses are smaller than 1C SPRING BANK, and 43% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

1C SPRING BANK: Plot and Title Map

1C SPRING BANK sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 1C 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 1C 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 1C SPRING BANK?

1C SPRING BANK is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 1C on SPRING BANK.