4, LANCASHIRE ROAD, MILLOM, LA18 4AW - £137,000

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.

4 LANCASHIRE ROAD is a very small semi-detached house of 50m², built sometime between 1991 and 1995, which could now be worth an estimated £180,110. It was last sold for £137,000 in July 2018, which was around 5% above the average July 2018 semi-detached price in the Cumberland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was B.

4 LANCASHIRE ROAD Sold Prices

Land registry data shows two sales for 4 LANCASHIRE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cumberland local authority area for the corresponding sale date. One of the two 4 LANCASHIRE ROAD sales was for above the average price, whilst the other was 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
2018 30 JUL	£137,000	£131,065	5% above HPI
2006 5 MAY	£86,000	£116,044	26% below HPI

4 LANCASHIRE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cumberland local authority area over time, sourced from the HPI. The two 4 LANCASHIRE ROAD sales from May 2006 and July 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 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 4 LANCASHIRE ROAD be worth now?

4 LANCASHIRE ROAD might now be worth an estimated £180,110.

This is based on house price inflation of 31.5%, between July 2018 and February 2025, for semi-detached houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.5% inflationary increase is applied to the most recent sale price for 4 LANCASHIRE ROAD of £137,000 on 30th July 2018. For the value to have increased from £137,000 to £180,110 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 4 LANCASHIRE ROAD has moved in line with the HPI for semi-detached houses in the Cumberland local authority area.
• The July 2018 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LANCASHIRE ROAD has not materially changed since July 2018.

How Large is 4 LANCASHIRE ROAD?

4 LANCASHIRE ROAD is 50m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of semi-detached houses houses in Millom, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Millom, and where 4 LANCASHIRE ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 4 LANCASHIRE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Millom.

4 LANCASHIRE ROAD: Plot and Title Map

4 LANCASHIRE ROAD sits on a plot of roughly 9.4 acres, or 37,885m². The below map shows the location of 4 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 4 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 4 LANCASHIRE ROAD?

4 LANCASHIRE ROAD is located in MILLOM, in the LA18 postcode district. The below map shows the position of No. 4 on LANCASHIRE ROAD.