2, BOWLAND CLOSE, CARNFORTH, LA5 9UP - £290,000

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

2 BOWLAND CLOSE is a small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £290,000 in August 2022, which was around 12% below the average August 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

2 BOWLAND CLOSE Sold Prices

Land registry data shows five sales for 2 BOWLAND CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the five 2 BOWLAND CLOSE sales were for below 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
2022 15 AUG	£290,000	£328,442	12% below HPI
2012 27 JAN	£175,000	£220,838	21% below HPI
2009 7 AUG	£160,000	£214,400	25% below HPI
2003 24 OCT	£137,000	£160,799	15% below HPI
2002 8 NOV	£115,000	£132,759	13% below HPI

2 BOWLAND CLOSE 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 five 2 BOWLAND CLOSE sales between November 2002 and August 2022 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 January 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 BOWLAND CLOSE?

2 BOWLAND CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 2 BOWLAND CLOSE lies on this distribution: 34% of detached houses are smaller than 2 BOWLAND CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

2 BOWLAND CLOSE: Plot and Title Map

2 BOWLAND CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 2 BOWLAND CLOSE, 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 2 BOWLAND CLOSE). 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 2 BOWLAND CLOSE?

2 BOWLAND CLOSE is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 2 on BOWLAND CLOSE.