LAUREL BANK, MILNTHORPE ROAD, HOLME, CARNFORTH, LA6 1PX - £450,000

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

LAUREL BANK is a very large detached house of 190m², built sometime between 1996 and 2002. It was last sold for £450,000 in February 2021, which was around 36% above the average February 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

LAUREL BANK Sold Prices

Land registry data shows two sales for LAUREL BANK 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 LAUREL BANK 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
2021 19 FEB	£450,000	£331,790	36% above HPI
2013 19 JUL	£370,000	£257,370	44% above HPI

LAUREL BANK 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 LAUREL BANK sales from July 2013 and February 2021 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 2013 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the February 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is LAUREL BANK?

LAUREL BANK is 190m² according to the EPC inspection conducted in November 2012. This puts it in the largest 10% of detached houses in Holme, based on EPC data. The below chart shows the distribution of detached houses by size in Holme, and where LAUREL BANK lies on this distribution: 96% of detached houses are smaller than LAUREL BANK, and 4% of houses are larger. Note that EPC data is not available for all properties in Holme.

LAUREL BANK: Plot and Title Map

LAUREL BANK sits on a plot of roughly 0.551 of an acre, or 2,231m². The below map shows the location of LAUREL BANK, 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 LAUREL BANK). 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 LAUREL BANK?

LAUREL BANK is located on MILNTHORPE ROAD in HOLME, in the LA6 postcode district. The below map shows the position of LAUREL BANK on MILNTHORPE ROAD.