TILLYS COTTAGE, GRASMERE, AMBLESIDE, LA22 9RW - £595,000

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.

TILLYS COTTAGE is a very small detached house of 57m², built sometime before 1900, which could now be worth an estimated £758,760. It was last sold for £595,000 in August 2018, which was around 90% above the average August 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2011, where the current energy rating was F, and the potential energy rating was F.

TILLYS COTTAGE Sold Prices

Land registry data shows three sales for TILLYS 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 TILLYS 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
2018 24 AUG	£595,000	£313,524	90% above HPI
2003 10 NOV	£380,000	£190,996	99% above HPI
1998 17 APR	£165,000	£90,665	82% above HPI

TILLYS 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 TILLYS COTTAGE sales between April 1998 and August 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 November 2003 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the August 2018 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might TILLYS COTTAGE be worth now?

TILLYS COTTAGE might now be worth an estimated £758,760.

This is based on house price inflation of 27.5%, between August 2018 and March 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 27.5% inflationary increase is applied to the most recent sale price for TILLYS COTTAGE of £595,000 on 24th August 2018. For the value to have increased from £595,000 to £758,760 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of TILLYS COTTAGE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The August 2018 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of TILLYS COTTAGE has not materially changed since August 2018.

How Large is TILLYS COTTAGE?

TILLYS COTTAGE is 57m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses houses in Grasmere, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grasmere, and where TILLYS COTTAGE lies on this distribution: 4% of detached houses houses are smaller than TILLYS COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Grasmere.

TILLYS COTTAGE: Plot and Title Map

TILLYS COTTAGE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of TILLYS 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 TILLYS 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 TILLYS COTTAGE?

TILLYS COTTAGE is located in GRASMERE, in the LA22 postcode district. The below map shows the position of TILLYS COTTAGE in GRASMERE.