LEE VILLE, BOARBANK LANE, ALLITHWAITE, GRANGE-OVER-SANDS, LA11 7QR - £305,000

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.

LEE VILLE is a midsized detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £359,853. It was last sold for £305,000 in September 2021, which was around 10% below the average September 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

LEE VILLE Sold Prices

Land registry data shows three sales for LEE VILLE 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 LEE VILLE 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 3 SEP	£305,000	£337,505	10% below HPI
2008 15 AUG	£245,000	£275,621	11% below HPI
2006 20 OCT	£220,000	£266,519	17% below HPI

LEE VILLE 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 LEE VILLE sales between October 2006 and September 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 August 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might LEE VILLE be worth now?

LEE VILLE might now be worth an estimated £359,853.

This is based on house price inflation of 18%, between September 2021 and February 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 18% inflationary increase is applied to the most recent sale price for LEE VILLE of £305,000 on 3rd September 2021. For the value to have increased from £305,000 to £359,853 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of LEE VILLE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The September 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of LEE VILLE has not materially changed since September 2021.

How Large is LEE VILLE?

LEE VILLE is 116m² according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses houses in Allithwaite, based on EPC data. The below chart shows the distribution of detached houses houses by size in Allithwaite, and where LEE VILLE lies on this distribution: 56% of detached houses houses are smaller than LEE VILLE, and 41% of houses are larger. Note that EPC data is not available for all properties in Allithwaite.

LEE VILLE: Plot and Title Map

LEE VILLE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of LEE VILLE, 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 LEE VILLE). 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 LEE VILLE?

LEE VILLE is located on BOARBANK LANE in ALLITHWAITE, in the LA11 postcode district. The below map shows the position of LEE VILLE on BOARBANK LANE.