BRAE COTTAGE, NOOK LANE, AMBLESIDE, LA22 9BJ - £425,000

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.

BRAE COTTAGE is a very small detached house of 66m², built sometime before 1900, which could now be worth an estimated £508,716. It was last sold for £425,000 in May 2021, which was around 27% above the average May 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was E.

BRAE COTTAGE Sold Prices

Land registry data shows two sales for BRAE 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 BRAE COTTAGE 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 28 MAY	£425,000	£334,019	27% above HPI
2000 5 MAY	£171,000	£110,209	55% above HPI

BRAE 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 BRAE COTTAGE sales from May 2000 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 May 2000 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2021 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might BRAE COTTAGE be worth now?

BRAE COTTAGE might now be worth an estimated £508,716.

This is based on house price inflation of 19.7%, between May 2021 and March 2025, for detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.7% inflationary increase is applied to the most recent sale price for BRAE COTTAGE of £425,000 on 28th May 2021. For the value to have increased from £425,000 to £508,716 over the four years and two months to March 2025, the following assumptions must hold true:

• The value of BRAE COTTAGE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The May 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of BRAE COTTAGE has not materially changed since May 2021.

How Large is BRAE COTTAGE?

BRAE COTTAGE is 66m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses houses in Ambleside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ambleside, and where BRAE COTTAGE lies on this distribution: 5% of detached houses houses are smaller than BRAE COTTAGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ambleside.

BRAE COTTAGE: Plot and Title Map

BRAE COTTAGE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of BRAE 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 BRAE 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 BRAE COTTAGE?

BRAE COTTAGE is located on NOOK LANE in AMBLESIDE, in the LA22 postcode district. The below map shows the position of BRAE COTTAGE on NOOK LANE.