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
CEDAR LODGE is a very small detached house of 105m², built sometime between 1950 and 1966. It was last sold for £400,000 in June 2017, which was around 35% above the average June 2017 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2017, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows two sales for CEDAR LODGE since 1st 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 CEDAR LODGE 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 |
---|---|---|---|
2017 21 JUN | £400,000 | £295,696 | 35% above HPI |
1996 26 JAN | £107,000 | £78,113 | 37% above HPI |
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 CEDAR LODGE sales from January 1996 and June 2017 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 January 1996 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.
CEDAR LODGE is 105m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Crosthwaite, based on EPC data. The below chart shows the distribution of detached houses by size in Crosthwaite, and where CEDAR LODGE lies on this distribution: 11% of detached houses are smaller than CEDAR LODGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Crosthwaite.
CEDAR LODGE sits on a plot of roughly 0.298 of an acre, or 1,207m². The below map shows the location of CEDAR LODGE, 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 CEDAR LODGE). 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.
CEDAR LODGE is located in CROSTHWAITE, in the LA8 postcode district. The below map shows the position of CEDAR LODGE in CROSTHWAITE.