RAYNE HILL, BACKBARROW, ULVERSTON, LA12 8QF - £492,000

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.

RAYNE HILL is a very large extended detached house of 166m², built sometime between 1900 and 1929, which could now be worth an estimated £578,163. It was last sold for £492,000 in March 2021, which was around 45% above the average March 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2010, where the current energy rating was F, and the potential energy rating was D.

RAYNE HILL Sold Prices

Land registry data shows three sales for RAYNE HILL 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 RAYNE HILL 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
2021 10 MAR	£492,000	£338,860	45% above HPI
2006 30 JUN	£335,000	£256,896	30% above HPI
1997 18 APR	£120,000	£87,066	38% above HPI

RAYNE HILL 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 RAYNE HILL sales between April 1997 and March 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 June 2006 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2021 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might RAYNE HILL be worth now?

RAYNE HILL might now be worth an estimated £578,163.

This is based on house price inflation of 17.5%, between March 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 17.5% inflationary increase is applied to the most recent sale price for RAYNE HILL of £492,000 on 10th March 2021. For the value to have increased from £492,000 to £578,163 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of RAYNE HILL has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The March 2021 sale price of £492,000 represented a fair market value for the property.
• The size, condition, and specification of RAYNE HILL has not materially changed since March 2021.

How Large is RAYNE HILL?

RAYNE HILL is 166m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses houses in Backbarrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Backbarrow, and where RAYNE HILL lies on this distribution: 86% of detached houses houses are smaller than RAYNE HILL, and 14% of houses are larger. Note that EPC data is not available for all properties in Backbarrow.

RAYNE HILL: Plot and Title Map

RAYNE HILL sits on a plot of roughly 0.363 of an acre, or 1,469m². The below map shows the location of RAYNE HILL, 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 RAYNE HILL). 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 RAYNE HILL?

RAYNE HILL is located in BACKBARROW, in the LA12 postcode district. The below map shows the position of RAYNE HILL in BACKBARROW.