LORAND, DUKE STREET, HOLME, CARNFORTH, LA6 1PY - £325,000

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.

LORAND is a very large extended detached house of 159m², built sometime between 1996 and 2002, which could now be worth an estimated £457,652. It was last sold for £325,000 in August 2015, which was around 15% above the average August 2015 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

LORAND Sold Prices

Land registry data shows two sales for LORAND 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 LORAND 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
2015 3 AUG	£325,000	£282,783	15% above HPI
2003 15 SEP	£243,000	£183,109	33% above HPI

LORAND 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 LORAND sales from September 2003 and August 2015 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 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might LORAND be worth now?

LORAND might now be worth an estimated £457,652.

This is based on house price inflation of 40.8%, between August 2015 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 40.8% inflationary increase is applied to the most recent sale price for LORAND of £325,000 on 3rd August 2015. For the value to have increased from £325,000 to £457,652 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of LORAND has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The August 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of LORAND has not materially changed since August 2015.

How Large is LORAND?

LORAND is 159m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses houses in Holme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holme, and where LORAND lies on this distribution: 89% of detached houses houses are smaller than LORAND, and 11% of houses are larger. Note that EPC data is not available for all properties in Holme.

LORAND: Plot and Title Map

LORAND sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of LORAND, 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 LORAND). 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 LORAND?

LORAND is located on DUKE STREET in HOLME, in the LA6 postcode district. The below map shows the position of LORAND on DUKE STREET.