2, SPINNEY LANE, ARNSIDE, CARNFORTH, LA5 0EP - £335,000

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 SPINNEY LANE is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £335,000 in January 2017, which was around 16% above the average January 2017 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

2 SPINNEY LANE Sold Prices

Land registry data shows three sales for 2 SPINNEY LANE 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. Two of the three 2 SPINNEY LANE sales were for above the average price, whilst one was 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
2017 3 JAN	£335,000	£288,266	16% above HPI
2009 11 DEC	£290,000	£262,800	10% above HPI
2001 5 OCT	£125,000	£128,576	3% below HPI

2 SPINNEY LANE 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 SPINNEY LANE sales between October 2001 and January 2017 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 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2017 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 2 SPINNEY LANE?

2 SPINNEY LANE is 86m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses in Arnside, based on EPC data. The below chart shows the distribution of detached houses by size in Arnside, and where 2 SPINNEY LANE lies on this distribution: 24% of detached houses are smaller than 2 SPINNEY LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Arnside.

2 SPINNEY LANE: Plot and Title Map

2 SPINNEY LANE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 SPINNEY LANE, 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 SPINNEY LANE). 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 SPINNEY LANE?

2 SPINNEY LANE is located in ARNSIDE, in the LA5 postcode district. The below map shows the position of No. 2 on SPINNEY LANE.