Hi,
I've used LV-25 many times without problems. So I guess there is no problem with the LV-25.
I see no need for a simulation. Just keep on the datasheet informations.
But that's my personal taste - not to simulate ...
But your simulation circuit is not how the LV-25 works.
It includes a ferrite core with a gap. In the gap there is a hall sensor. The output of the hall sensor goes to the Opamp input. The Opamp regulates the magnetic field in the core gap to be zero. Not easy to simulate.
Klaus