OUTWOOD, MAIN STREET, ARKHOLME, CARNFORTH, LA6 1AU - £645,000

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

OUTWOOD is a very large extended detached house of 227m², built sometime between 1967 and 1975. It was last sold for £645,000 in October 2020, which was around 128% above the average October 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

OUTWOOD Sold Prices

Land registry data shows two sales for OUTWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two OUTWOOD 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
2020 16 OCT	£645,000	£282,979	128% above HPI
2014 15 AUG	£410,000	£232,596	76% above HPI

OUTWOOD 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 two OUTWOOD sales from August 2014 and October 2020 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 August 2014 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the October 2020 sale, where it rises to 128% above the HPI. The line then continues to track at 128% above the HPI.

How Large is OUTWOOD?

OUTWOOD is 227m², which includes three extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Arkholme, based on EPC data. The below chart shows the distribution of detached houses by size in Arkholme, and where OUTWOOD lies on this distribution: 90% of detached houses are smaller than OUTWOOD, and 10% of houses are larger. Note that EPC data is not available for all properties in Arkholme.

OUTWOOD: Plot and Title Map

OUTWOOD sits on a plot of roughly 0.318 of an acre, or 1,286m². The below map shows the location of OUTWOOD, 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 OUTWOOD). 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 OUTWOOD?

OUTWOOD is located on MAIN STREET in ARKHOLME, in the LA6 postcode district. The below map shows the position of OUTWOOD on MAIN STREET.