GATE COTTAGE, AUSTWICK, LANCASTER, LA2 8BW - £397,000

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

GATE COTTAGE is a very small extended detached house of 85m², built sometime before 1900. It was last sold for £397,000 in March 2024, which was about the average March 2024 detached price in the North Yorkshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was F, and the potential energy rating was C.

GATE COTTAGE Sold Prices

Land registry data shows five sales for GATE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. The five GATE COTTAGE sales were a mix of roughly equal to the average price, above the average price, and 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 28 MAR	£397,000	£398,240	Close to HPI
2022 14 JAN	£379,000	£381,314	1% below HPI
2011 15 JUN	£305,000	£269,544	13% above HPI
2006 4 AUG	£300,000	£267,064	12% above HPI
2002 30 MAY	£149,500	£151,739	1% below HPI

GATE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The five GATE COTTAGE sales between May 2002 and March 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 January 2022 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is GATE COTTAGE?

GATE COTTAGE is 85m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of detached houses in Austwick, based on EPC data. The below chart shows the distribution of detached houses by size in Austwick, and where GATE COTTAGE lies on this distribution: 8% of detached houses are smaller than GATE COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Austwick.

GATE COTTAGE: Plot and Title Map

GATE COTTAGE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of GATE 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 GATE 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 GATE COTTAGE?

GATE COTTAGE is located in AUSTWICK, in the LA2 postcode district. The below map shows the position of GATE COTTAGE in AUSTWICK.