2, MARYLAND CLOSE, SILVERDALE, CARNFORTH, LA5 0TL - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MARYLAND CLOSE is a small extended detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £566,592. It was last sold for £575,000 in August 2023, which was around 70% above the average August 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

2 MARYLAND CLOSE Sold Prices

Land registry data shows two sales for 2 MARYLAND CLOSE 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 2 MARYLAND CLOSE 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 9 AUG	£575,000	£338,983	70% above HPI
2020 10 NOV	£350,000	£273,516	28% above HPI

2 MARYLAND 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 two 2 MARYLAND CLOSE sales from November 2020 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 November 2020 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2023 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 2 MARYLAND CLOSE be worth now?

2 MARYLAND CLOSE might now be worth an estimated £566,592.

This is based on house price deflation of 1.5%, between August 2023 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% deflationary decrease is applied to the most recent sale price for 2 MARYLAND CLOSE of £575,000 on 9th August 2023. For the value to have decreased from £575,000 to £566,592 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 2 MARYLAND CLOSE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2023 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MARYLAND CLOSE has not materially changed since August 2023.

How Large is 2 MARYLAND CLOSE?

2 MARYLAND CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses houses in Silverdale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Silverdale, and where 2 MARYLAND CLOSE lies on this distribution: 25% of detached houses houses are smaller than 2 MARYLAND CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

2 MARYLAND CLOSE: Plot and Title Map

2 MARYLAND CLOSE sits on a plot of roughly 0.234 of an acre, or 947m². The below map shows the location of 2 MARYLAND 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 MARYLAND 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 MARYLAND CLOSE?

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