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

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.

SPINDLE TREE is a large detached house of 164m², built sometime between 1976 and 1982, which could now be worth an estimated £577,758. It was last sold for £475,000 in November 2019, which was around 35% 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	£352,490	35% above HPI
2012 9 NOV	£395,000	£283,319	39% 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 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2019 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might SPINDLE TREE be worth now?

SPINDLE TREE might now be worth an estimated £577,758.

This is based on house price inflation of 21.6%, between November 2019 and June 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for SPINDLE TREE of £475,000 on 1st November 2019. For the value to have increased from £475,000 to £577,758 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of SPINDLE TREE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The November 2019 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of SPINDLE TREE has not materially changed since November 2019.

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 houses in Austwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Austwick, and where SPINDLE TREE lies on this distribution: 65% of detached houses 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.