SMALLWOOD, DEEPDALE CLOSE, SLACK HEAD, MILNTHORPE, LA7 7AY - £332,500

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.

SMALLWOOD is a very small detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £431,051. It was last sold for £332,500 in November 2018, which was around 8% above the average November 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

SMALLWOOD Sold Prices

Land registry data shows five sales for SMALLWOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Most of the five SMALLWOOD 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
2018 28 NOV	£332,500	£307,163	8% above HPI
2015 12 MAY	£270,000	£279,922	4% below HPI
2013 8 JUL	£250,000	£261,802	5% below HPI
2005 24 MAR	£247,000	£231,539	7% above HPI
1996 18 DEC	£89,950	£86,133	4% above HPI

SMALLWOOD 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 five SMALLWOOD sales between December 1996 and November 2018 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 May 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might SMALLWOOD be worth now?

SMALLWOOD might now be worth an estimated £431,051.

This is based on house price inflation of 29.6%, between November 2018 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 29.6% inflationary increase is applied to the most recent sale price for SMALLWOOD of £332,500 on 28th November 2018. For the value to have increased from £332,500 to £431,051 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of SMALLWOOD has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The November 2018 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of SMALLWOOD has not materially changed since November 2018.

How Large is SMALLWOOD?

SMALLWOOD is 111m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses houses in Slack Head, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slack Head, and where SMALLWOOD lies on this distribution: 9% of detached houses houses are smaller than SMALLWOOD, and 91% of houses are larger. Note that EPC data is not available for all properties in Slack Head.

SMALLWOOD: Plot and Title Map

SMALLWOOD sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of SMALLWOOD, 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 SMALLWOOD). 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 SMALLWOOD?

SMALLWOOD is located on DEEPDALE CLOSE in SLACK HEAD, in the LA7 postcode district. The below map shows the position of SMALLWOOD on DEEPDALE CLOSE.