CANNY LEA, STATION LANE, STAVELEY, KENDAL, LA8 9NR - £338,000

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.

CANNY LEA is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £374,514. It was last sold for £338,000 in February 2022, which was around 6% below the average February 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

CANNY LEA Sold Prices

Land registry data shows two sales for CANNY LEA 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 CANNY LEA 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
2022 22 FEB	£338,000	£359,380	6% below HPI
2016 23 FEB	£250,000	£286,449	13% below HPI

CANNY LEA 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 CANNY LEA sales from February 2016 and February 2022 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 February 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might CANNY LEA be worth now?

CANNY LEA might now be worth an estimated £374,514.

This is based on house price inflation of 10.8%, between February 2022 and February 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 10.8% inflationary increase is applied to the most recent sale price for CANNY LEA of £338,000 on 22nd February 2022. For the value to have increased from £338,000 to £374,514 over the three years to February 2025, the following assumptions must hold true:

• The value of CANNY LEA has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The February 2022 sale price of £338,000 represented a fair market value for the property.
• The size, condition, and specification of CANNY LEA has not materially changed since February 2022.

How Large is CANNY LEA?

CANNY LEA is 88m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses houses in Staveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Staveley, and where CANNY LEA lies on this distribution: 21% of detached houses houses are smaller than CANNY LEA, and 77% of houses are larger. Note that EPC data is not available for all properties in Staveley.

CANNY LEA: Plot and Title Map

CANNY LEA sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of CANNY LEA, 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 CANNY LEA). 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 CANNY LEA?

CANNY LEA is located on STATION LANE in STAVELEY, in the LA8 postcode district. The below map shows the position of CANNY LEA on STATION LANE.