8, CLEVELANDS AVENUE, SILVERDALE, CARNFORTH, LA5 0RP - £250,000

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

8 CLEVELANDS AVENUE is a midsized detached house of 138m², built sometime between 1967 and 1975. It was last sold for £250,000 in March 2017, which was about the average March 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was A.

8 CLEVELANDS AVENUE Sold Prices

Land registry data shows two sales for 8 CLEVELANDS AVENUE 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. One of the two 8 CLEVELANDS AVENUE sales was roughly equal to the average price, whilst the other 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 17 MAR	£250,000	£250,536	Close to HPI
2015 21 OCT	£195,000	£242,285	20% below HPI

8 CLEVELANDS AVENUE 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 8 CLEVELANDS AVENUE sales from October 2015 and March 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 October 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 CLEVELANDS AVENUE?

8 CLEVELANDS AVENUE is 138m² according to the EPC inspection conducted in September 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 8 CLEVELANDS AVENUE lies on this distribution: 54% of detached houses are smaller than 8 CLEVELANDS AVENUE, and 45% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

8 CLEVELANDS AVENUE: Plot and Title Map

8 CLEVELANDS AVENUE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 8 CLEVELANDS AVENUE, 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 8 CLEVELANDS AVENUE). 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 8 CLEVELANDS AVENUE?

8 CLEVELANDS AVENUE is located in SILVERDALE, in the LA5 postcode district. The below map shows the position of No. 8 on CLEVELANDS AVENUE.