2, HEATHER BANK, SWARTHMOOR, ULVERSTON, LA12 0XQ - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 HEATHER BANK is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £245,000 in January 2021, which was around 26% below the average January 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 HEATHER BANK Sold Prices

Land registry data shows three sales for 2 HEATHER 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 Westmorland and Furness local authority area for the corresponding sale date. All of the three 2 HEATHER BANK 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
2021 15 JAN	£245,000	£329,169	26% below HPI
1998 21 APR	£70,000	£89,130	21% below HPI
1996 18 JUL	£60,000	£79,461	24% below HPI

2 HEATHER BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The three 2 HEATHER BANK sales between July 1996 and January 2021 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 April 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 HEATHER BANK?

2 HEATHER BANK is 65m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Swarthmoor, based on EPC data. The below chart shows the distribution of detached houses by size in Swarthmoor, and where 2 HEATHER BANK lies on this distribution: 4% of detached houses are smaller than 2 HEATHER BANK, and 96% of houses are larger. Note that EPC data is not available for all properties in Swarthmoor.

2 HEATHER BANK: Plot and Title Map

2 HEATHER BANK sits on a plot of roughly 0.535 of an acre, or 2,165m². The below map shows the location of 2 HEATHER 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 2 HEATHER 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 2 HEATHER BANK?

2 HEATHER BANK is located in SWARTHMOOR, in the LA12 postcode district. The below map shows the position of No. 2 on HEATHER BANK.