BEARS COTTAGE, HOLLINS LANE, ARNSIDE, CARNFORTH, LA5 0EQ - £355,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BEARS COTTAGE is a very small extended detached house of 72m², built sometime between 1996 and 2002. It was last sold for £355,000 in July 2024, which was around 5% below the average July 2024 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

BEARS COTTAGE Sold Prices

Land registry data shows two sales for BEARS COTTAGE 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 BEARS COTTAGE 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
2024 31 JUL	£355,000	£372,464	5% below HPI
1998 14 AUG	£80,000	£92,920	14% below HPI

BEARS COTTAGE 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 BEARS COTTAGE sales from August 1998 and July 2024 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 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is BEARS COTTAGE?

BEARS COTTAGE is 72m², which includes three extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of detached houses in Arnside, based on EPC data. The below chart shows the distribution of detached houses by size in Arnside, and where BEARS COTTAGE lies on this distribution: 9% of detached houses are smaller than BEARS COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Arnside.

BEARS COTTAGE: Plot and Title Map

BEARS COTTAGE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of BEARS COTTAGE, 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 BEARS COTTAGE). 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 BEARS COTTAGE?

BEARS COTTAGE is located on HOLLINS LANE in ARNSIDE, in the LA5 postcode district. The below map shows the position of BEARS COTTAGE on HOLLINS LANE.