21, SPRING BANK, SILVERDALE, CARNFORTH, LA5 0TD - £325,000

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

21 SPRING BANK is a midsized extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £325,000 in September 2016, which was around 32% above the average September 2016 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

21 SPRING BANK Sold Prices

Land registry data shows three sales for 21 SPRING 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 Lancaster local authority area for the corresponding sale date. All of the three 21 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
2016 28 SEP	£325,000	£245,504	32% above HPI
2007 12 OCT	£325,000	£252,929	28% above HPI
1999 16 JUL	£124,000	£89,031	39% above HPI

21 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 three 21 SPRING BANK sales between July 1999 and September 2016 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 October 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2016 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 21 SPRING BANK?

21 SPRING BANK is 141m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 21 SPRING BANK lies on this distribution: 57% of detached houses are smaller than 21 SPRING BANK, and 43% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

21 SPRING BANK: Plot and Title Map

21 SPRING BANK sits on a plot of roughly 0.182 of an acre, or 735m². The below map shows the location of 21 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 21 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 21 SPRING BANK?

21 SPRING BANK is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 21 on SPRING BANK.