THREE WAYS, HAZELRIGG LANE, NEWBY BRIDGE, ULVERSTON, LA12 8NY - £565,000

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.

THREE WAYS is a midsized extended detached house of 194m², built sometime between 1930 and 1949, which could now be worth an estimated £762,062. It was last sold for £565,000 in April 2017, which was around 91% above the average April 2017 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

THREE WAYS Sold Prices

Land registry data shows two sales for THREE WAYS 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 THREE WAYS 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
2017 28 APR	£565,000	£296,426	91% above HPI
1999 17 SEP	£115,000	£102,495	12% above HPI

THREE WAYS 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 THREE WAYS sales from September 1999 and April 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 September 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2017 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might THREE WAYS be worth now?

THREE WAYS might now be worth an estimated £762,062.

This is based on house price inflation of 34.9%, between April 2017 and March 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 34.9% inflationary increase is applied to the most recent sale price for THREE WAYS of £565,000 on 28th April 2017. For the value to have increased from £565,000 to £762,062 over the eight years and one month to March 2025, the following assumptions must hold true:

• The value of THREE WAYS has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The April 2017 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of THREE WAYS has not materially changed since April 2017.

How Large is THREE WAYS?

THREE WAYS is 194m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses houses in Newby Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newby Bridge, and where THREE WAYS lies on this distribution: 52% of detached houses houses are smaller than THREE WAYS, and 48% of houses are larger. Note that EPC data is not available for all properties in Newby Bridge.

THREE WAYS: Plot and Title Map

THREE WAYS sits on a plot of roughly 1.7 acres, or 6,978m². The below map shows the location of THREE WAYS, 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 THREE WAYS). 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 THREE WAYS?

THREE WAYS is located on HAZELRIGG LANE in NEWBY BRIDGE, in the LA12 postcode district. The below map shows the position of THREE WAYS on HAZELRIGG LANE.