LAUREL BANK, LOWGATE, LEVENS, KENDAL, LA8 8NJ - £480,000

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

LAUREL BANK is a midsized detached house of 137m², built sometime from 2007 onwards. It was last sold for £480,000 in April 2017, which was around 65% above the average April 2017 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

LAUREL BANK Sold Prices

Land registry data shows three sales for LAUREL BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three LAUREL BANK 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
2017 26 APR	£480,000	£291,408	65% above HPI
2007 19 DEC	£300,000	£270,868	11% above HPI
2000 28 SEP	£140,000	£116,333	20% above HPI

LAUREL BANK 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 three LAUREL BANK sales between September 2000 and April 2017 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 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2017 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is LAUREL BANK?

LAUREL BANK is 137m² according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Levens, based on EPC data. The below chart shows the distribution of detached houses by size in Levens, and where LAUREL BANK lies on this distribution: 59% of detached houses are smaller than LAUREL BANK, and 41% of houses are larger. Note that EPC data is not available for all properties in Levens.

LAUREL BANK: Plot and Title Map

LAUREL BANK sits on a plot of roughly 0.297 of an acre, or 1,204m². The below map shows the location of LAUREL BANK, 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 LAUREL BANK). 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 LAUREL BANK?

LAUREL BANK is located on LOWGATE in LEVENS, in the LA8 postcode district. The below map shows the position of LAUREL BANK on LOWGATE.