NEW MILL COTTAGE, KENTMERE ROAD, STAVELEY, KENDAL, LA8 9JE - £525,000

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

NEW MILL COTTAGE is a very small extended detached house of 77m², built sometime between 1976 and 1982. It was last sold for £525,000 in December 2014, which was around 94% above the average December 2014 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

NEW MILL COTTAGE Sold Prices

Land registry data shows two sales for NEW MILL 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 Westmorland and Furness local authority area for the corresponding sale date. Both of the two NEW MILL 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
2014 18 DEC	£525,000	£271,168	94% above HPI
2000 8 JUN	£235,000	£108,366	117% above HPI

NEW MILL COTTAGE 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 NEW MILL COTTAGE sales from June 2000 and December 2014 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 2000 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the December 2014 sale, where it falls to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is NEW MILL COTTAGE?

NEW MILL COTTAGE is 77m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Staveley, based on EPC data. The below chart shows the distribution of detached houses by size in Staveley, and where NEW MILL COTTAGE lies on this distribution: 11% of detached houses are smaller than NEW MILL COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Staveley.

NEW MILL COTTAGE: Plot and Title Map

NEW MILL COTTAGE sits on a plot of roughly 0.494 of an acre, or 1,998m². The below map shows the location of NEW MILL 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 NEW MILL 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 NEW MILL COTTAGE?

NEW MILL COTTAGE is located on KENTMERE ROAD in STAVELEY, in the LA8 postcode district. The below map shows the position of NEW MILL COTTAGE on KENTMERE ROAD.