WELL BANK, LINDETH ROAD, SILVERDALE, CARNFORTH, LA5 0TX - £595,000

WELL BANK is a large detached house of 175m², built sometime from 2007 onwards. It was last sold for £595,000 in September 2012, which was around 158% above the average September 2012 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was B.

WELL BANK Sold Prices

Land registry data shows two sales for WELL BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two WELL BANK 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
2012 21 SEP	£595,000	£230,416	158% above HPI
2010 23 JUL	£260,000	£229,046	14% above HPI

WELL BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two WELL BANK sales from July 2010 and September 2012 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 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2012 sale, where it rises to 158% above the HPI. The line then continues to track at 158% above the HPI.

How Large is WELL BANK?

WELL BANK is 175m² according to the EPC inspection conducted in August 2011. This puts it in the largest 30% of detached houses in Silverdale, based on EPC data. The below chart shows the distribution of detached houses by size in Silverdale, and where WELL BANK lies on this distribution: 79% of detached houses are smaller than WELL BANK, and 21% of houses are larger. Note that EPC data is not available for all properties in Silverdale.

WELL BANK: Plot and Title Map

WELL BANK sits on a plot of roughly 0.334 of an acre, or 1,353m². The below map shows the location of WELL BANK, 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 WELL BANK). 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 WELL BANK?

WELL BANK is located on LINDETH ROAD in SILVERDALE, in the LA5 postcode district. The below map shows the position of WELL BANK on LINDETH ROAD.