FAIR LEA, FLOOKBURGH ROAD, ALLITHWAITE, GRANGE-OVER-SANDS, LA11 7RG - £190,000

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

FAIR LEA is a small detached house of 97m², built sometime before 1900. It was last sold for £190,000 in April 2021, which was around 43% below the average April 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2020, where the current energy rating was F, and the potential energy rating was B.

FAIR LEA Sold Prices

Land registry data shows two sales for FAIR LEA 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 FAIR LEA 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
2021 30 APR	£190,000	£335,526	43% below HPI
2020 23 SEP	£125,000	£324,329	61% below HPI

FAIR LEA 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 FAIR LEA sales from September 2020 and April 2021 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 September 2020 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the April 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is FAIR LEA?

FAIR LEA is 97m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Allithwaite, based on EPC data. The below chart shows the distribution of detached houses by size in Allithwaite, and where FAIR LEA lies on this distribution: 34% of detached houses are smaller than FAIR LEA, and 66% of houses are larger. Note that EPC data is not available for all properties in Allithwaite.

FAIR LEA: Plot and Title Map

FAIR LEA sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of FAIR LEA, 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 FAIR LEA). 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 FAIR LEA?

FAIR LEA is located on FLOOKBURGH ROAD in ALLITHWAITE, in the LA11 postcode district. The below map shows the position of FAIR LEA on FLOOKBURGH ROAD.