RUSSETS, YANS LANE, STORTH, MILNTHORPE, LA7 7LJ - £525,000

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.

RUSSETS is a very large extended detached house of 206m², built sometime between 1967 and 1975, which could now be worth an estimated £552,500. It was last sold for £525,000 in November 2023, which was around 39% 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	£378,384	39% above HPI
2007 13 APR	£378,500	£266,939	42% above HPI
2003 18 AUG	£275,000	£178,083	54% 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 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2023 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might RUSSETS be worth now?

RUSSETS might now be worth an estimated £552,500.

This is based on house price inflation of 5.2%, between November 2023 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 5.2% inflationary increase is applied to the most recent sale price for RUSSETS of £525,000 on 7th November 2023. For the value to have increased from £525,000 to £552,500 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of RUSSETS has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The November 2023 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of RUSSETS has not materially changed since November 2023.

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 houses in Storth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Storth, and where RUSSETS lies on this distribution: 99% of detached houses 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.