BANK HOUSE, LINDALE, GRANGE-OVER-SANDS, LA11 6LX - £575,000

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.

BANK HOUSE is a very large detached house of 187m², built sometime before 1900, which could now be worth an estimated £653,998. It was last sold for £575,000 in January 2022, which was around 64% above the average January 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

BANK HOUSE Sold Prices

Land registry data shows two sales for BANK HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two BANK HOUSE 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
2022 31 JAN	£575,000	£350,104	64% above HPI
2003 17 JUL	£240,000	£177,420	35% above HPI

BANK HOUSE 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 two BANK HOUSE sales from July 2003 and January 2022 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 July 2003 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2022 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might BANK HOUSE be worth now?

BANK HOUSE might now be worth an estimated £653,998.

This is based on house price inflation of 13.7%, between January 2022 and February 2025, for detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for BANK HOUSE of £575,000 on 31st January 2022. For the value to have increased from £575,000 to £653,998 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of BANK HOUSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The January 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of BANK HOUSE has not materially changed since January 2022.

How Large is BANK HOUSE?

BANK HOUSE is 187m² according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses houses in Lindale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lindale, and where BANK HOUSE lies on this distribution: 95% of detached houses houses are smaller than BANK HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Lindale.

BANK HOUSE: Plot and Title Map

BANK HOUSE sits on a plot of roughly 0.398 of an acre, or 1,611m². The below map shows the location of BANK HOUSE, 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 BANK HOUSE). 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 BANK HOUSE?

BANK HOUSE is located in LINDALE, in the LA11 postcode district. The below map shows the position of BANK HOUSE in LINDALE.