SPINDLE TREE, PANT LANE, AUSTWICK, LANCASTER, LA2 8BH - £475,000

SPINDLE TREE is a large detached house of 164m², built sometime between 1976 and 1982. It was last sold for £475,000 in November 2019, which was around 42% above the average November 2019 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

SPINDLE TREE Sold Prices

Land registry data shows two sales for SPINDLE TREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Both of the two SPINDLE TREE 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
2019 1 NOV	£475,000	£333,350	42% above HPI
2012 9 NOV	£395,000	£267,935	47% above HPI

SPINDLE TREE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The two SPINDLE TREE sales from November 2012 and November 2019 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 November 2012 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2019 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is SPINDLE TREE?

SPINDLE TREE is 164m² according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses in Austwick, based on EPC data. The below chart shows the distribution of detached houses by size in Austwick, and where SPINDLE TREE lies on this distribution: 65% of detached houses are smaller than SPINDLE TREE, and 35% of houses are larger. Note that EPC data is not available for all properties in Austwick.

SPINDLE TREE: Plot and Title Map

SPINDLE TREE sits on a plot of roughly 0.194 of an acre, or 787m². The below map shows the location of SPINDLE TREE, 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 SPINDLE TREE). 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 SPINDLE TREE?

SPINDLE TREE is located on PANT LANE in AUSTWICK, in the LA2 postcode district. The below map shows the position of SPINDLE TREE on PANT LANE.