LANESIDE COTTAGE, TOWN HEAD, AUSTWICK, LANCASTER, LA2 8BS - £525,000

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.

LANESIDE COTTAGE is a large extended detached house of 172m², built sometime between 2003 and 2006, which could now be worth an estimated £651,574. It was last sold for £525,000 in September 2018, which was around 50% above the average September 2018 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

LANESIDE COTTAGE Sold Prices

Land registry data shows two sales for LANESIDE 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 North Yorkshire local authority area for the corresponding sale date. Both of the two LANESIDE 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
2018 17 SEP	£525,000	£349,766	50% above HPI
2010 29 SEP	£465,000	£291,970	59% above HPI

LANESIDE 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 two LANESIDE COTTAGE sales from September 2010 and September 2018 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 September 2010 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the September 2018 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might LANESIDE COTTAGE be worth now?

LANESIDE COTTAGE might now be worth an estimated £651,574.

This is based on house price inflation of 24.1%, between September 2018 and February 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.1% inflationary increase is applied to the most recent sale price for LANESIDE COTTAGE of £525,000 on 17th September 2018. For the value to have increased from £525,000 to £651,574 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of LANESIDE COTTAGE has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The September 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of LANESIDE COTTAGE has not materially changed since September 2018.

How Large is LANESIDE COTTAGE?

LANESIDE COTTAGE is 172m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses houses in Austwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Austwick, and where LANESIDE COTTAGE lies on this distribution: 72% of detached houses houses are smaller than LANESIDE COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Austwick.

LANESIDE COTTAGE: Plot and Title Map

LANESIDE COTTAGE sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of LANESIDE 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 LANESIDE 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 LANESIDE COTTAGE?

LANESIDE COTTAGE is located on TOWN HEAD in AUSTWICK, in the LA2 postcode district. The below map shows the position of LANESIDE COTTAGE on TOWN HEAD.