GREEN ACRE, HAZELRIGG LANE, NEWBY BRIDGE, ULVERSTON, LA12 8NY - £590,000

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.

GREEN ACRE is a small extended detached house of 116m², built sometime between 1930 and 1949, which could now be worth an estimated £695,284. It was last sold for £590,000 in November 2020, which was around 74% above the average November 2020 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.

GREEN ACRE Sold Prices

Land registry data shows two sales for GREEN ACRE 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 GREEN ACRE 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
2020 24 NOV	£590,000	£339,272	74% above HPI
2009 1 JUN	£340,000	£258,597	31% above HPI

GREEN ACRE 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 GREEN ACRE sales from June 2009 and November 2020 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 June 2009 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2020 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might GREEN ACRE be worth now?

GREEN ACRE might now be worth an estimated £695,284.

This is based on house price inflation of 17.8%, between November 2020 and March 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 17.8% inflationary increase is applied to the most recent sale price for GREEN ACRE of £590,000 on 24th November 2020. For the value to have increased from £590,000 to £695,284 over the five years and eight months to March 2025, the following assumptions must hold true:

• The value of GREEN ACRE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The November 2020 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN ACRE has not materially changed since November 2020.

How Large is GREEN ACRE?

GREEN ACRE is 116m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Newby Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newby Bridge, and where GREEN ACRE lies on this distribution: 20% of detached houses houses are smaller than GREEN ACRE, and 80% of houses are larger. Note that EPC data is not available for all properties in Newby Bridge.

GREEN ACRE: Plot and Title Map

GREEN ACRE sits on a plot of roughly 1.9 acres, or 7,806m². The below map shows the location of GREEN ACRE, 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 GREEN ACRE). 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 GREEN ACRE?

GREEN ACRE is located on HAZELRIGG LANE in NEWBY BRIDGE, in the LA12 postcode district. The below map shows the position of GREEN ACRE on HAZELRIGG LANE.