5, CANAL CLOSE, HOLME, CARNFORTH, LA6 1GY - £420,000

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.

5 CANAL CLOSE is a midsized extended detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £462,809. It was last sold for £420,000 in May 2022, which was around 16% above the average May 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

5 CANAL CLOSE Sold Prices

Land registry data shows three sales for 5 CANAL CLOSE 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 5 CANAL CLOSE 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
2022 23 MAY	£420,000	£361,371	16% above HPI
2016 25 MAY	£325,000	£284,683	14% above HPI
2006 6 OCT	£340,000	£266,519	28% above HPI

5 CANAL CLOSE 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 5 CANAL CLOSE sales between October 2006 and May 2022 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 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2022 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 CANAL CLOSE be worth now?

5 CANAL CLOSE might now be worth an estimated £462,809.

This is based on house price inflation of 10.2%, between May 2022 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 10.2% inflationary increase is applied to the most recent sale price for 5 CANAL CLOSE of £420,000 on 23rd May 2022. For the value to have increased from £420,000 to £462,809 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 CANAL CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The May 2022 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CANAL CLOSE has not materially changed since May 2022.

How Large is 5 CANAL CLOSE?

5 CANAL CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses houses in Holme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holme, and where 5 CANAL CLOSE lies on this distribution: 49% of detached houses houses are smaller than 5 CANAL CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Holme.

5 CANAL CLOSE: Plot and Title Map

5 CANAL CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 CANAL CLOSE, 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 5 CANAL CLOSE). 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 5 CANAL CLOSE?

5 CANAL CLOSE is located in HOLME, in the LA6 postcode district. The below map shows the position of No. 5 on CANAL CLOSE.