25, SPRING BANK, SILVERDALE, CARNFORTH, LA5 0TD - £350,000

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.

25 SPRING BANK is a midsized extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £518,159. It was last sold for £350,000 in August 2014, which was around 55% above the average August 2014 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

25 SPRING BANK Sold Prices

Land registry data shows two sales for 25 SPRING BANK 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 25 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
2014 19 AUG	£350,000	£225,624	55% above HPI
2004 22 DEC	£265,000	£200,081	32% above HPI

25 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 two 25 SPRING BANK sales from December 2004 and August 2014 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 2004 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2014 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 25 SPRING BANK be worth now?

25 SPRING BANK might now be worth an estimated £518,159.

This is based on house price inflation of 48%, between August 2014 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 48% inflationary increase is applied to the most recent sale price for 25 SPRING BANK of £350,000 on 19th August 2014. For the value to have increased from £350,000 to £518,159 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 25 SPRING BANK has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2014 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 25 SPRING BANK has not materially changed since August 2014.

How Large is 25 SPRING BANK?

25 SPRING BANK is 131m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% 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 25 SPRING BANK lies on this distribution: 48% of detached houses houses are smaller than 25 SPRING BANK, and 51% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

25 SPRING BANK: Plot and Title Map

25 SPRING BANK sits on a plot of roughly 0.289 of an acre, or 1,169m². The below map shows the location of 25 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 25 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 25 SPRING BANK?

25 SPRING BANK is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 25 on SPRING BANK.