1, TOWN BANK TERRACE, ULVERSTON, LA12 7DS - £350,000

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.

1 TOWN BANK TERRACE is a midsized extended terraced house of 126m², built sometime before 1900, which could now be worth an estimated £431,297. It was last sold for £350,000 in October 2018, which was around 147% above the average October 2018 terraced price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

1 TOWN BANK TERRACE Sold Prices

Land registry data shows four sales for 1 TOWN BANK TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Westmorland and Furness local authority area for the corresponding sale date. All of the four 1 TOWN BANK TERRACE 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
2018 19 OCT	£350,000	£141,762	147% above HPI
2016 26 SEP	£200,000	£137,229	46% above HPI
2002 28 FEB	£90,000	£49,337	82% above HPI
1996 27 FEB	£39,500	£34,946	13% above HPI

1 TOWN BANK TERRACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The four 1 TOWN BANK TERRACE sales between February 1996 and October 2018 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 2016 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2018 sale, where it rises to 147% above the HPI. The line then continues to track at 147% above the HPI.

What might 1 TOWN BANK TERRACE be worth now?

1 TOWN BANK TERRACE might now be worth an estimated £431,297.

This is based on house price inflation of 23.2%, between October 2018 and July 2025, for terraced 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 23.2% inflationary increase is applied to the most recent sale price for 1 TOWN BANK TERRACE of £350,000 on 19th October 2018. For the value to have increased from £350,000 to £431,297 over the seven years and three months to July 2025, the following assumptions must hold true:

• The value of 1 TOWN BANK TERRACE has moved in line with the HPI for terraced houses in the Westmorland and Furness local authority area.
• The October 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TOWN BANK TERRACE has not materially changed since October 2018.

How Large is 1 TOWN BANK TERRACE?

1 TOWN BANK TERRACE is 126m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of terraced houses houses in Ulverston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ulverston, and where 1 TOWN BANK TERRACE lies on this distribution: 54% of terraced houses houses are smaller than 1 TOWN BANK TERRACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ulverston.

1 TOWN BANK TERRACE: Plot and Title Map

1 TOWN BANK TERRACE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 1 TOWN BANK TERRACE, 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 1 TOWN BANK TERRACE). 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 1 TOWN BANK TERRACE?

1 TOWN BANK TERRACE is located in ULVERSTON, in the LA12 postcode district. The below map shows the position of No. 1 on TOWN BANK TERRACE.