TREE TOPS, CANNY HILL, NEWBY BRIDGE, ULVERSTON, LA12 8NT - £499,000

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

TREE TOPS is a large detached house of 253m², built sometime between 1976 and 1982. It was last sold for £499,000 in March 2021, which was around 50% above the average March 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was D.

TREE TOPS Sold Prices

Land registry data shows three sales for TREE TOPS 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 TREE TOPS 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 22 MAR	£499,000	£333,123	50% above HPI
2004 15 JUL	£290,000	£215,131	35% above HPI
1996 29 FEB	£155,000	£79,014	96% above HPI

TREE TOPS 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 TREE TOPS sales between February 1996 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 July 2004 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is TREE TOPS?

TREE TOPS is 253m² according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses in Newby Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Newby Bridge, and where TREE TOPS lies on this distribution: 72% of detached houses are smaller than TREE TOPS, and 28% of houses are larger. Note that EPC data is not available for all properties in Newby Bridge.

TREE TOPS: Plot and Title Map

TREE TOPS sits on a plot of roughly 1.1 acres, or 4,498m². The below map shows the location of TREE TOPS, 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 TREE TOPS). 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 TREE TOPS?

TREE TOPS is located on CANNY HILL in NEWBY BRIDGE, in the LA12 postcode district. The below map shows the position of TREE TOPS on CANNY HILL.