8, THE HERB GARDENS, ARKHOLME, CARNFORTH, LA6 1RA - £317,500

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.

8 THE HERB GARDENS is a small extended semi-detached house of 132m², built sometime from 2007 onwards, which could now be worth an estimated £381,486. It was last sold for £317,500 in May 2021, which was around 77% above the average May 2021 semi-detached price in the Lancaster local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

8 THE HERB GARDENS Sold Prices

Land registry data shows three sales for 8 THE HERB GARDENS 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 Lancaster local authority area for the corresponding sale date. All of the three 8 THE HERB GARDENS 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
2021 27 MAY	£317,500	£179,105	77% above HPI
2020 30 NOV	£315,000	£171,613	84% above HPI
2007 15 JUN	£376,048	£145,181	159% above HPI

8 THE HERB GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lancaster local authority area over time, sourced from the HPI. The three 8 THE HERB GARDENS sales between June 2007 and May 2021 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 2020 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the May 2021 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 8 THE HERB GARDENS be worth now?

8 THE HERB GARDENS might now be worth an estimated £381,486.

This is based on house price inflation of 20.2%, between May 2021 and February 2025, for semi-detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 8 THE HERB GARDENS of £317,500 on 27th May 2021. For the value to have increased from £317,500 to £381,486 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 8 THE HERB GARDENS has moved in line with the HPI for semi-detached houses in the Lancaster local authority area.
• The May 2021 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 8 THE HERB GARDENS has not materially changed since May 2021.

How Large is 8 THE HERB GARDENS?

8 THE HERB GARDENS is 132m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of semi-detached houses houses in Arkholme, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Arkholme, and where 8 THE HERB GARDENS lies on this distribution: 38% of semi-detached houses houses are smaller than 8 THE HERB GARDENS, and 63% of houses are larger. Note that EPC data is not available for all properties in Arkholme.

8 THE HERB GARDENS: Plot and Title Map

8 THE HERB GARDENS sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 8 THE HERB GARDENS, 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 8 THE HERB GARDENS). 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 8 THE HERB GARDENS?

8 THE HERB GARDENS is located in ARKHOLME, in the LA6 postcode district. The below map shows the position of No. 8 on THE HERB GARDENS.