3, CHAPEL CLOSE, STORTH, MILNTHORPE, LA7 7BU - £575,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CHAPEL CLOSE is a large extended detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £600,438. It was last sold for £575,000 in September 2022, which was around 49% above the average September 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

3 CHAPEL CLOSE Sold Prices

Land registry data shows two sales for 3 CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two 3 CHAPEL CLOSE 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
2022 30 SEP	£575,000	£385,109	49% above HPI
2003 2 MAY	£190,000	£169,266	12% above HPI

3 CHAPEL CLOSE 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 two 3 CHAPEL CLOSE sales from May 2003 and September 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 May 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 3 CHAPEL CLOSE be worth now?

3 CHAPEL CLOSE might now be worth an estimated £600,438.

This is based on house price inflation of 4.4%, between September 2022 and December 2024, for detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% inflationary increase is applied to the most recent sale price for 3 CHAPEL CLOSE of £575,000 on 30th September 2022. For the value to have increased from £575,000 to £600,438 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 3 CHAPEL CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The September 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL CLOSE has not materially changed since September 2022.

How Large is 3 CHAPEL CLOSE?

3 CHAPEL CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses houses in Storth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Storth, and where 3 CHAPEL CLOSE lies on this distribution: 65% of detached houses houses are smaller than 3 CHAPEL CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Storth.

3 CHAPEL CLOSE: Plot and Title Map

3 CHAPEL CLOSE sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of 3 CHAPEL CLOSE, 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 3 CHAPEL CLOSE). 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 3 CHAPEL CLOSE?

3 CHAPEL CLOSE is located in STORTH, in the LA7 postcode district. The below map shows the position of No. 3 on CHAPEL CLOSE.