10, THE ASHES, MILNTHORPE, LA7 7QU - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 THE ASHES is a very small extended detached house of 60m², built sometime between 2003 and 2006. It was last sold for £320,000 in March 2022, which was around 8% below the average March 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

10 THE ASHES Sold Prices

Land registry data shows five sales for 10 THE ASHES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the five 10 THE ASHES sales were for below 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
2022 2 MAR	£320,000	£349,495	8% below HPI
2018 19 DEC	£250,000	£302,004	17% below HPI
2016 9 DEC	£209,000	£282,011	26% below HPI
2001 9 AUG	£98,250	£123,449	20% below HPI
1998 4 DEC	£80,600	£94,813	15% below HPI

10 THE ASHES 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 five 10 THE ASHES sales between December 1998 and March 2022 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 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 10 THE ASHES?

10 THE ASHES is 60m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Milnthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Milnthorpe, and where 10 THE ASHES lies on this distribution: 5% of detached houses are smaller than 10 THE ASHES, and 93% of houses are larger. Note that EPC data is not available for all properties in Milnthorpe.

10 THE ASHES: Plot and Title Map

10 THE ASHES sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 10 THE ASHES, 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 10 THE ASHES). 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 10 THE ASHES?

10 THE ASHES is located in MILNTHORPE, in the LA7 postcode district. The below map shows the position of No. 10 on THE ASHES.