BELA HOUSE, BEETHAM ROAD, MILNTHORPE, LA7 7QR - £820,000

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

BELA HOUSE is a very large extended detached house of 302m², built sometime before 1900. It was last sold for £820,000 in June 2021, which was around 145% above the average June 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

BELA HOUSE Sold Prices

Land registry data shows two sales for BELA HOUSE 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 BELA HOUSE 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 30 JUN	£820,000	£334,706	145% above HPI
2004 28 OCT	£800,000	£223,817	257% above HPI

BELA HOUSE 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 BELA HOUSE sales from October 2004 and June 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 October 2004 sale was for 257% above the HPI. So the extrapolation line tracks at 257% above the HPI over time, until the June 2021 sale, where it falls to 145% above the HPI. The line then continues to track at 145% above the HPI.

How Large is BELA HOUSE?

BELA HOUSE is 302m², which includes three extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 10% of detached houses in Milnthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Milnthorpe, and where BELA HOUSE lies on this distribution: 98% of detached houses are smaller than BELA HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Milnthorpe.

BELA HOUSE: Plot and Title Map

BELA HOUSE sits on a plot of roughly 1.5 acres, or 6,173m². The below map shows the location of BELA HOUSE, 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 BELA HOUSE). 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 BELA HOUSE?

BELA HOUSE is located on BEETHAM ROAD in MILNTHORPE, in the LA7 postcode district. The below map shows the position of BELA HOUSE on BEETHAM ROAD.