SOUTHRIDGE, GREEN LANE, ALLITHWAITE, GRANGE-OVER-SANDS, LA11 7QP - £178,500

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

SOUTHRIDGE is a very small detached house of 66m², built sometime between 1930 and 1949. It was last sold for £178,500 in June 2017, which was around 40% below the average June 2017 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

SOUTHRIDGE Sold Prices

Land registry data shows two sales for SOUTHRIDGE 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 SOUTHRIDGE 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
2017 26 JUN	£178,500	£295,696	40% below HPI
2000 29 MAR	£82,500	£100,930	18% below HPI

SOUTHRIDGE 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 SOUTHRIDGE sales from March 2000 and June 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 March 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2017 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is SOUTHRIDGE?

SOUTHRIDGE is 66m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Allithwaite, based on EPC data. The below chart shows the distribution of detached houses by size in Allithwaite, and where SOUTHRIDGE lies on this distribution: 3% of detached houses are smaller than SOUTHRIDGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Allithwaite.

SOUTHRIDGE: Plot and Title Map

SOUTHRIDGE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of SOUTHRIDGE, 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 SOUTHRIDGE). 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 SOUTHRIDGE?

SOUTHRIDGE is located on GREEN LANE in ALLITHWAITE, in the LA11 postcode district. The below map shows the position of SOUTHRIDGE on GREEN LANE.