5, NEW ACRES, CARNFORTH, LA5 9XD - £165,000

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

5 NEW ACRES is a midsized extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £165,000 in July 2018, which was around 35% below the average July 2018 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

5 NEW ACRES Sold Prices

Land registry data shows two sales for 5 NEW ACRES 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 5 NEW ACRES 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
2018 26 JUL	£165,000	£253,927	35% below HPI
1996 18 OCT	£45,000	£79,789	44% below HPI

5 NEW ACRES 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 5 NEW ACRES sales from October 1996 and July 2018 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 1996 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 5 NEW ACRES?

5 NEW ACRES is 91m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 5 NEW ACRES lies on this distribution: 42% of detached houses are smaller than 5 NEW ACRES, and 57% of houses are larger. Note that EPC data is not available for all properties in Carnforth.

5 NEW ACRES: Plot and Title Map

5 NEW ACRES sits on a plot of roughly 0.077 of an acre, or 314m². The below map shows the location of 5 NEW ACRES, 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 5 NEW ACRES). 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 5 NEW ACRES?

5 NEW ACRES is located in CARNFORTH, in the LA5 postcode district. The below map shows the position of No. 5 on NEW ACRES.