THE MALT HOUSE, HEVERSHAM, MILNTHORPE, LA7 7ER - £750,000

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.

THE MALT HOUSE is a very large extended detached house of 387m², built sometime between 1950 and 1966, which could now be worth an estimated £961,099. It was last sold for £750,000 in February 2020, which was around 141% above the average February 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was D.

THE MALT HOUSE Sold Prices

Land registry data shows three sales for THE MALT HOUSE 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 THE MALT HOUSE 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 6 FEB	£750,000	£310,741	141% above HPI
2008 1 AUG	£725,000	£275,621	163% above HPI
2001 29 JUN	£200,000	£120,958	65% above HPI

THE MALT HOUSE 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 THE MALT HOUSE sales between June 2001 and February 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 2008 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the February 2020 sale, where it falls to 141% above the HPI. The line then continues to track at 141% above the HPI.

What might THE MALT HOUSE be worth now?

THE MALT HOUSE might now be worth an estimated £961,099.

This is based on house price inflation of 28.1%, between February 2020 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 28.1% inflationary increase is applied to the most recent sale price for THE MALT HOUSE of £750,000 on 6th February 2020. For the value to have increased from £750,000 to £961,099 over the five years to February 2025, the following assumptions must hold true:

• The value of THE MALT HOUSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The February 2020 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of THE MALT HOUSE has not materially changed since February 2020.

How Large is THE MALT HOUSE?

THE MALT HOUSE is 387m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 10% of detached houses houses in Heversham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heversham, and where THE MALT HOUSE lies on this distribution: 98% of detached houses houses are smaller than THE MALT HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Heversham.

THE MALT HOUSE: Plot and Title Map

THE MALT HOUSE sits on a plot of roughly 0.404 of an acre, or 1,633m². The below map shows the location of THE MALT HOUSE, 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 THE MALT HOUSE). 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 THE MALT HOUSE?

THE MALT HOUSE is located in HEVERSHAM, in the LA7 postcode district. The below map shows the position of THE MALT HOUSE in HEVERSHAM.