4, FURNESS LODGE CLOSE, FURNESS VALE, HIGH PEAK, SK23 7QR - £490,000

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.

4 FURNESS LODGE CLOSE is a very large extended detached house of 247m², built sometime between 1983 and 1990, which could now be worth an estimated £767,526. It was last sold for £490,000 in February 2017, which was around 70% above the average February 2017 detached price in the High Peak local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

4 FURNESS LODGE CLOSE Sold Prices

Land registry data shows two sales for 4 FURNESS LODGE 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 High Peak local authority area for the corresponding sale date. Both of the two 4 FURNESS LODGE 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
2017 17 FEB	£490,000	£287,867	70% above HPI
2013 1 AUG	£377,500	£243,949	55% above HPI

4 FURNESS LODGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the High Peak local authority area over time, sourced from the HPI. The two 4 FURNESS LODGE CLOSE sales from August 2013 and February 2017 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 2013 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2017 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 4 FURNESS LODGE CLOSE be worth now?

4 FURNESS LODGE CLOSE might now be worth an estimated £767,526.

This is based on house price inflation of 56.6%, between February 2017 and February 2025, for detached houses, in the High Peak local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.6% inflationary increase is applied to the most recent sale price for 4 FURNESS LODGE CLOSE of £490,000 on 17th February 2017. For the value to have increased from £490,000 to £767,526 over the eight years to February 2025, the following assumptions must hold true:

• The value of 4 FURNESS LODGE CLOSE has moved in line with the HPI for detached houses in the High Peak local authority area.
• The February 2017 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FURNESS LODGE CLOSE has not materially changed since February 2017.

How Large is 4 FURNESS LODGE CLOSE?

4 FURNESS LODGE CLOSE is 247m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses houses in Furness Vale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Furness Vale, and where 4 FURNESS LODGE CLOSE lies on this distribution: 95% of detached houses houses are smaller than 4 FURNESS LODGE CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Furness Vale.

4 FURNESS LODGE CLOSE: Plot and Title Map

4 FURNESS LODGE CLOSE sits on a plot of roughly 0.299 of an acre, or 1,209m². The below map shows the location of 4 FURNESS LODGE 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 4 FURNESS LODGE 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 4 FURNESS LODGE CLOSE?

4 FURNESS LODGE CLOSE is located in FURNESS VALE, in the SK23 postcode district. The below map shows the position of No. 4 on FURNESS LODGE CLOSE.