HAZEL LEA, COCKSHOTT LANE, STORTH, MILNTHORPE, LA7 7JN - £270,000

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.

HAZEL LEA is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £340,153. It was last sold for £270,000 in January 2020, which was around 15% below the average January 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

HAZEL LEA Sold Prices

Land registry data shows two sales for HAZEL 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 HAZEL 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
2020 29 JAN	£270,000	£316,079	15% below HPI
2005 28 JUL	£234,000	£248,209	6% below HPI

HAZEL 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 HAZEL LEA sales from July 2005 and January 2020 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 July 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might HAZEL LEA be worth now?

HAZEL LEA might now be worth an estimated £340,153.

This is based on house price inflation of 26%, between January 2020 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 26% inflationary increase is applied to the most recent sale price for HAZEL LEA of £270,000 on 29th January 2020. For the value to have increased from £270,000 to £340,153 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of HAZEL LEA has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The January 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of HAZEL LEA has not materially changed since January 2020.

How Large is HAZEL LEA?

HAZEL LEA is 76m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses houses in Storth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Storth, and where HAZEL LEA lies on this distribution: 16% of detached houses houses are smaller than HAZEL LEA, and 84% of houses are larger. Note that EPC data is not available for all properties in Storth.

HAZEL LEA: Plot and Title Map

HAZEL LEA sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of HAZEL 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 HAZEL 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 HAZEL LEA?

HAZEL LEA is located on COCKSHOTT LANE in STORTH, in the LA7 postcode district. The below map shows the position of HAZEL LEA on COCKSHOTT LANE.