PINETREES, WOODLANDS DRIVE, ALLITHWAITE, GRANGE-OVER-SANDS, LA11 7PZ - £362,000

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.

PINETREES is a midsized detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £470,366. It was last sold for £362,000 in May 2018, which was around 18% above the average May 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

PINETREES Sold Prices

Land registry data shows three sales for PINETREES 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. Two of the three PINETREES sales were for above the average price, whilst one 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
2018 23 MAY	£362,000	£306,463	18% above HPI
2006 24 NOV	£240,000	£264,534	9% below HPI
2001 18 DEC	£150,000	£129,555	16% above HPI

PINETREES 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 PINETREES sales between December 2001 and May 2018 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 November 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2018 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might PINETREES be worth now?

PINETREES might now be worth an estimated £470,366.

This is based on house price inflation of 29.9%, between May 2018 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 29.9% inflationary increase is applied to the most recent sale price for PINETREES of £362,000 on 23rd May 2018. For the value to have increased from £362,000 to £470,366 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of PINETREES has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The May 2018 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of PINETREES has not materially changed since May 2018.

How Large is PINETREES?

PINETREES is 110m² according to the EPC inspection conducted in February 2018. 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 PINETREES lies on this distribution: 49% of detached houses houses are smaller than PINETREES, and 49% of houses are larger. Note that EPC data is not available for all properties in Allithwaite.

PINETREES: Plot and Title Map

PINETREES sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of PINETREES, 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 PINETREES). 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 PINETREES?

PINETREES is located on WOODLANDS DRIVE in ALLITHWAITE, in the LA11 postcode district. The below map shows the position of PINETREES on WOODLANDS DRIVE.