OLD SCHOOL COTTAGE, HEVERSHAM, MILNTHORPE, LA7 7ER - £139,950

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.

OLD SCHOOL COTTAGE is a very small extended detached house of 74m², built sometime before 1900, which could now be worth an estimated £210,601. It was last sold for £139,950 in April 2012, which was around 47% below the average April 2012 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2011, where the current energy rating was F, and the potential energy rating was F.

OLD SCHOOL COTTAGE Sold Prices

Land registry data shows two sales for OLD SCHOOL 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 OLD SCHOOL COTTAGE sales were 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
2012 6 APR	£139,950	£264,617	47% below HPI
1998 19 JUN	£50,000	£93,573	47% below HPI

OLD SCHOOL 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 OLD SCHOOL COTTAGE sales from June 1998 and April 2012 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 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2012 sale, which was also at 47% below the HPI.

What might OLD SCHOOL COTTAGE be worth now?

OLD SCHOOL COTTAGE might now be worth an estimated £210,601.

This is based on house price inflation of 50.5%, between April 2012 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 50.5% inflationary increase is applied to the most recent sale price for OLD SCHOOL COTTAGE of £139,950 on 6th April 2012. For the value to have increased from £139,950 to £210,601 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of OLD SCHOOL COTTAGE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The April 2012 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of OLD SCHOOL COTTAGE has not materially changed since April 2012.

How Large is OLD SCHOOL COTTAGE?

OLD SCHOOL COTTAGE is 74m², which includes three extensions, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses houses in Heversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heversham, and where OLD SCHOOL COTTAGE lies on this distribution: 4% of detached houses houses are smaller than OLD SCHOOL COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Heversham.

OLD SCHOOL COTTAGE: Plot and Title Map

OLD SCHOOL COTTAGE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL COTTAGE?

OLD SCHOOL COTTAGE is located in HEVERSHAM, in the LA7 postcode district. The below map shows the position of OLD SCHOOL COTTAGE in HEVERSHAM.