16, LANCASHIRE ROAD, MILLOM, LA18 4AW - £128,950

16 LANCASHIRE ROAD is a very small semi-detached house of 52m², built sometime between 1996 and 2002. It was last sold for £128,950 in November 2015, which was around 37% below the average November 2015 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

16 LANCASHIRE ROAD Sold Prices

Land registry data shows three sales for 16 LANCASHIRE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the three 16 LANCASHIRE ROAD sales were for below 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
2015 24 NOV	£128,950	£205,101	37% below HPI
2006 25 AUG	£128,000	£195,521	35% below HPI
2002 23 MAY	£53,500	£95,120	44% below HPI

16 LANCASHIRE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The three 16 LANCASHIRE ROAD sales between May 2002 and November 2015 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 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 LANCASHIRE ROAD?

16 LANCASHIRE ROAD is 52m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Millom, based on EPC data. The below chart shows the distribution of detached houses by size in Millom, and where 16 LANCASHIRE ROAD lies on this distribution: Less than 1% of detached houses are smaller than 16 LANCASHIRE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Millom.

16 LANCASHIRE ROAD: Plot and Title Map

16 LANCASHIRE ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 16 LANCASHIRE ROAD, 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 16 LANCASHIRE ROAD). 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 16 LANCASHIRE ROAD?

16 LANCASHIRE ROAD is located in MILLOM, in the LA18 postcode district. The below map shows the position of No. 16 on LANCASHIRE ROAD.