FOLDGATE, CARK ROAD, CARTMEL, GRANGE-OVER-SANDS, LA11 7SF - £337,500

FOLDGATE is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £337,500 in January 2020, which was around 9% above the average January 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

FOLDGATE Sold Prices

Land registry data shows four sales for FOLDGATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the four FOLDGATE 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
2020 10 JAN	£337,500	£310,728	9% above HPI
2014 11 JUL	£300,000	£265,548	13% above HPI
2004 19 MAR	£275,000	£194,421	41% above HPI
1997 22 JUL	£90,000	£87,041	3% above HPI

FOLDGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The four FOLDGATE sales between July 1997 and January 2020 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 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is FOLDGATE?

FOLDGATE is 82m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Cartmel, based on EPC data. The below chart shows the distribution of detached houses by size in Cartmel, and where FOLDGATE lies on this distribution: 10% of detached houses are smaller than FOLDGATE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cartmel.

FOLDGATE: Plot and Title Map

FOLDGATE sits on a plot of roughly 0.235 of an acre, or 949m². The below map shows the location of FOLDGATE, 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 FOLDGATE). 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 FOLDGATE?

FOLDGATE is located on CARK ROAD in CARTMEL, in the LA11 postcode district. The below map shows the position of FOLDGATE on CARK ROAD.