FAIRHAVEN, GREEN LANE, ALLITHWAITE, GRANGE-OVER-SANDS, LA11 7QP - £375,000

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

FAIRHAVEN is a very large extended detached house of 168m², built sometime between 1950 and 1966. It was last sold for £375,000 in October 2023, which was around 2% above the average October 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

FAIRHAVEN Sold Prices

Land registry data shows two sales for FAIRHAVEN 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. One of the two FAIRHAVEN sales was for above 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
2023 9 OCT	£375,000	£367,141	2% above HPI
2006 8 DEC	£215,000	£253,649	15% below HPI

FAIRHAVEN 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 FAIRHAVEN sales from December 2006 and October 2023 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 December 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is FAIRHAVEN?

FAIRHAVEN is 168m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 10% of detached houses in Allithwaite, based on EPC data. The below chart shows the distribution of detached houses by size in Allithwaite, and where FAIRHAVEN lies on this distribution: 91% of detached houses are smaller than FAIRHAVEN, and 9% of houses are larger. Note that EPC data is not available for all properties in Allithwaite.

FAIRHAVEN: Plot and Title Map

FAIRHAVEN sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of FAIRHAVEN, 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 FAIRHAVEN). 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 FAIRHAVEN?

FAIRHAVEN is located on GREEN LANE in ALLITHWAITE, in the LA11 postcode district. The below map shows the position of FAIRHAVEN on GREEN LANE.