RUSSETS, YANS LANE, STORTH, MILNTHORPE, LA7 7LJ - £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

RUSSETS is a very large extended detached house of 206m², built sometime between 1967 and 1975. It was last sold for £525,000 in November 2023, which was around 41% above the average November 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

RUSSETS Sold Prices

Land registry data shows three sales for RUSSETS 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 RUSSETS 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
2023 7 NOV	£525,000	£372,784	41% above HPI
2007 13 APR	£378,500	£262,420	44% above HPI
2003 18 AUG	£275,000	£175,068	57% above HPI

RUSSETS 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 RUSSETS sales between August 2003 and November 2023 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 April 2007 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the November 2023 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is RUSSETS?

RUSSETS is 206m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Storth, based on EPC data. The below chart shows the distribution of detached houses by size in Storth, and where RUSSETS lies on this distribution: 99% of detached houses are smaller than RUSSETS, and 1% of houses are larger. Note that EPC data is not available for all properties in Storth.

RUSSETS: Plot and Title Map

RUSSETS sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of RUSSETS, 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 RUSSETS). 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 RUSSETS?

RUSSETS is located on YANS LANE in STORTH, in the LA7 postcode district. The below map shows the position of RUSSETS on YANS LANE.