SPRINGFIELD HOUSE, BALL LANE, CATON, LANCASTER, LA2 9QN - £937,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRINGFIELD HOUSE is a very large extended detached house of 275m², built sometime before 1900. It was last sold for £937,500 in July 2023, which was around 176% above the average July 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was C.

SPRINGFIELD HOUSE Sold Prices

Land registry data shows two sales for SPRINGFIELD HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two SPRINGFIELD HOUSE 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
2023 28 JUL	£937,500	£339,496	176% above HPI
2002 18 MAR	£350,000	£109,196	221% above HPI

SPRINGFIELD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two SPRINGFIELD HOUSE sales from March 2002 and July 2023 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 2002 sale was for 221% above the HPI. So the extrapolation line tracks at 221% above the HPI over time, until the July 2023 sale, where it falls to 176% above the HPI. The line then continues to track at 176% above the HPI.

How Large is SPRINGFIELD HOUSE?

SPRINGFIELD HOUSE is 275m², which includes three extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses in Caton, based on EPC data. The below chart shows the distribution of detached houses by size in Caton, and where SPRINGFIELD HOUSE lies on this distribution: 99% of detached houses are smaller than SPRINGFIELD HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Caton.

SPRINGFIELD HOUSE: Plot and Title Map

SPRINGFIELD HOUSE sits on a plot of roughly 2.4 acres, or 9,617m². The below map shows the location of SPRINGFIELD HOUSE, 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 SPRINGFIELD HOUSE). 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 SPRINGFIELD HOUSE?

SPRINGFIELD HOUSE is located on BALL LANE in CATON, in the LA2 postcode district. The below map shows the position of SPRINGFIELD HOUSE on BALL LANE.