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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BANK HOUSE is a very large detached house of 187m², built sometime before 1900. It was last sold for £575,000 in January 2022, which was around 67% 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	£344,177	67% above HPI
2003 17 JUL	£240,000	£174,416	38% 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2022 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

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 in Lindale, based on EPC data. The below chart shows the distribution of detached houses by size in Lindale, and where BANK HOUSE lies on this distribution: 95% of detached 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.