LILAC COTTAGE, BACK LANE, WARTON, CARNFORTH, LA5 9QW - £285,000

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

LILAC COTTAGE is a very small extended detached house of 86m², built sometime before 1900. It was last sold for £285,000 in June 2013, which was around 28% above the average June 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

LILAC COTTAGE Sold Prices

Land registry data shows three sales for LILAC COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Two of the three LILAC COTTAGE sales were for above the average price, whilst one was 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
2013 12 JUN	£285,000	£223,494	28% above HPI
2007 11 JUN	£290,000	£230,931	26% above HPI
2002 7 JUN	£84,500	£114,177	26% below HPI

LILAC COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three LILAC COTTAGE sales between June 2002 and June 2013 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 June 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2013 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is LILAC COTTAGE?

LILAC COTTAGE is 86m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Warton, based on EPC data. The below chart shows the distribution of detached houses by size in Warton, and where LILAC COTTAGE lies on this distribution: 4% of detached houses are smaller than LILAC COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Warton.

LILAC COTTAGE: Plot and Title Map

LILAC COTTAGE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of LILAC 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 LILAC 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 LILAC COTTAGE?

LILAC COTTAGE is located on BACK LANE in WARTON, in the LA5 postcode district. The below map shows the position of LILAC COTTAGE on BACK LANE.