4, TARN CLOSE, STORTH, MILNTHORPE, LA7 7HZ - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 TARN CLOSE is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £240,000 in July 2018, which was around 22% below the average July 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

4 TARN CLOSE Sold Prices

Land registry data shows two sales for 4 TARN 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 4 TARN CLOSE 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
2018 25 JUL	£240,000	£307,491	22% below HPI
2004 4 MAY	£180,000	£201,865	11% below HPI

4 TARN 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 4 TARN CLOSE sales from May 2004 and July 2018 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 TARN CLOSE?

4 TARN CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of detached houses in Storth, based on EPC data. The below chart shows the distribution of detached houses by size in Storth, and where 4 TARN CLOSE lies on this distribution: 8% of detached houses are smaller than 4 TARN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Storth.

4 TARN CLOSE: Plot and Title Map

4 TARN CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 TARN 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 TARN 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 TARN CLOSE?

4 TARN CLOSE is located in STORTH, in the LA7 postcode district. The below map shows the position of No. 4 on TARN CLOSE.