SPRINGWOOD, NORTH ROAD, CARNFORTH, LA5 9LX - £516,000

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.

SPRINGWOOD is a very large detached house of 201m², built sometime between 1983 and 1990, which could now be worth an estimated £712,384. It was last sold for £516,000 in February 2017, which was around 114% above the average February 2017 detached price in the Lancaster local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

SPRINGWOOD Sold Prices

Land registry data shows one sale for SPRINGWOOD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 24 FEB	£516,000	£241,053	114% above HPI

What might SPRINGWOOD be worth now?

SPRINGWOOD might now be worth an estimated £712,384.

This is based on house price inflation of 38.1%, between February 2017 and May 2026, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.1% inflationary increase is applied to the most recent sale price for SPRINGWOOD of £516,000 on 24th February 2017. For the value to have increased from £516,000 to £712,384 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of SPRINGWOOD has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The February 2017 sale price of £516,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGWOOD has not materially changed since February 2017.

How Large is SPRINGWOOD?

SPRINGWOOD is 201m² according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where SPRINGWOOD lies on this distribution: 98% of detached houses are smaller than SPRINGWOOD, and 2% of detached houses are larger. Note that EPC data is not available for all properties in Carnforth.

SPRINGWOOD: Plot

SPRINGWOOD sits on a plot of roughly 1.1 acres, or 4,329m².

Where is SPRINGWOOD?

SPRINGWOOD is located on NORTH ROAD in CARNFORTH, in the LA5 postcode district.