16, LANCASHIRE ROAD, MILLOM, LA18 4AW - £128,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 LANCASHIRE ROAD is a very small semi-detached house of 52m², built sometime between 1996 and 2002, which could now be worth an estimated £179,209. It was last sold for £128,950 in November 2015, which was around 4% above the average November 2015 semi-detached price in the Cumberland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

16 LANCASHIRE ROAD Sold Prices

Land registry data shows three sales for 16 LANCASHIRE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cumberland local authority area for the corresponding sale date. Two of the three 16 LANCASHIRE ROAD sales were for above the average price, whilst one was 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
2015 24 NOV	£128,950	£123,984	4% above HPI
2006 25 AUG	£128,000	£119,890	7% above HPI
2002 23 MAY	£53,500	£53,841	1% below HPI

16 LANCASHIRE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cumberland local authority area over time, sourced from the HPI. The three 16 LANCASHIRE ROAD sales between May 2002 and November 2015 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 August 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 16 LANCASHIRE ROAD be worth now?

16 LANCASHIRE ROAD might now be worth an estimated £179,209.

This is based on house price inflation of 39%, between November 2015 and February 2025, for semi-detached houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39% inflationary increase is applied to the most recent sale price for 16 LANCASHIRE ROAD of £128,950 on 24th November 2015. For the value to have increased from £128,950 to £179,209 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 LANCASHIRE ROAD has moved in line with the HPI for semi-detached houses in the Cumberland local authority area.
• The November 2015 sale price of £128,950 represented a fair market value for the property.
• The size, condition, and specification of 16 LANCASHIRE ROAD has not materially changed since November 2015.

How Large is 16 LANCASHIRE ROAD?

16 LANCASHIRE ROAD is 52m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of semi-detached houses houses in Millom, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Millom, and where 16 LANCASHIRE ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 16 LANCASHIRE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Millom.

16 LANCASHIRE ROAD: Plot and Title Map

16 LANCASHIRE ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 16 LANCASHIRE ROAD, 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 16 LANCASHIRE ROAD). 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 16 LANCASHIRE ROAD?

16 LANCASHIRE ROAD is located in MILLOM, in the LA18 postcode district. The below map shows the position of No. 16 on LANCASHIRE ROAD.