PRIMROSE COTTAGE, SHAW LANE, STORTH, MILNTHORPE, LA7 7JD - £350,000

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.

PRIMROSE COTTAGE is a midsized extended detached house of 98m², built sometime before 1900, which could now be worth an estimated £438,340. It was last sold for £350,000 in October 2019, which was around 10% above the average October 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

PRIMROSE COTTAGE Sold Prices

Land registry data shows three sales for PRIMROSE 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 Westmorland and Furness local authority area for the corresponding sale date. All of the three PRIMROSE 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
2019 22 OCT	£350,000	£317,953	10% above HPI
2001 27 NOV	£165,000	£131,367	26% above HPI
1997 8 APR	£110,000	£87,066	26% above HPI

PRIMROSE 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 three PRIMROSE COTTAGE sales between April 1997 and October 2019 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 November 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might PRIMROSE COTTAGE be worth now?

PRIMROSE COTTAGE might now be worth an estimated £438,340.

This is based on house price inflation of 25.2%, between October 2019 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 25.2% inflationary increase is applied to the most recent sale price for PRIMROSE COTTAGE of £350,000 on 22nd October 2019. For the value to have increased from £350,000 to £438,340 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of PRIMROSE COTTAGE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The October 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of PRIMROSE COTTAGE has not materially changed since October 2019.

How Large is PRIMROSE COTTAGE?

PRIMROSE COTTAGE is 98m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses houses in Storth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Storth, and where PRIMROSE COTTAGE lies on this distribution: 40% of detached houses houses are smaller than PRIMROSE COTTAGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Storth.

PRIMROSE COTTAGE: Plot and Title Map

PRIMROSE COTTAGE sits on a plot of roughly 0.488 of an acre, or 1,975m². The below map shows the location of PRIMROSE 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 PRIMROSE 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 PRIMROSE COTTAGE?

PRIMROSE COTTAGE is located on SHAW LANE in STORTH, in the LA7 postcode district. The below map shows the position of PRIMROSE COTTAGE on SHAW LANE.