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 THE WILLOWS is a large extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £375,000 in November 2023, which was around 1% above the average November 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 4 THE WILLOWS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. One of the three 4 THE WILLOWS sales was for above the average price, whilst two 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 |
---|---|---|---|
2023 24 NOV | £375,000 | £372,784 | 1% above HPI |
2022 2 NOV | £360,000 | £373,536 | 4% below HPI |
2000 27 OCT | £110,000 | £115,629 | 5% below HPI |
The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The three 4 THE WILLOWS sales between October 2000 and November 2023 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 November 2022 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.
4 THE WILLOWS is 117m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 40% of detached houses in Milnthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Milnthorpe, and where 4 THE WILLOWS lies on this distribution: 61% of detached houses are smaller than 4 THE WILLOWS, and 38% of houses are larger. Note that EPC data is not available for all properties in Milnthorpe.
4 THE WILLOWS sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 4 THE WILLOWS, 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 THE WILLOWS). 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.
4 THE WILLOWS is located in MILNTHORPE, in the LA7 postcode district. The below map shows the position of No. 4 on THE WILLOWS.