MELLBREAK, WILLY LANE, COCKERHAM, LANCASTER, LA2 0EA - £342,000

MELLBREAK is a large extended detached house of 164m², built sometime between 1950 and 1966. It was last sold for £342,000 in January 2019, which was around 33% above the average January 2019 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

MELLBREAK Sold Prices

Land registry data shows two sales for MELLBREAK 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 MELLBREAK 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 17 JAN	£342,000	£257,668	33% above HPI
1995 19 DEC	£90,000	£79,951	13% above HPI

MELLBREAK 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 MELLBREAK sales from December 1995 and January 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 December 1995 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2019 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is MELLBREAK?

MELLBREAK is 164m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Cockerham, based on EPC data. The below chart shows the distribution of detached houses by size in Cockerham, and where MELLBREAK lies on this distribution: 76% of detached houses are smaller than MELLBREAK, and 20% of houses are larger. Note that EPC data is not available for all properties in Cockerham.

MELLBREAK: Plot and Title Map

MELLBREAK sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of MELLBREAK, 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 MELLBREAK). 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 MELLBREAK?

MELLBREAK is located on WILLY LANE in COCKERHAM, in the LA2 postcode district. The below map shows the position of MELLBREAK on WILLY LANE.