62, OWLET ASH FIELDS, MILNTHORPE, LA7 7DP - £127,000

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.

62 OWLET ASH FIELDS is a small extended terraced house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £180,542. It was last sold for £127,000 in June 2015, which was around 2% below the average June 2015 terraced price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

62 OWLET ASH FIELDS Sold Prices

Land registry data shows four sales for 62 OWLET ASH FIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Westmorland and Furness local authority area for the corresponding sale date. two of the four 62 OWLET ASH FIELDS sales were for below the average price, and four 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
2015 25 JUN	£127,000	£129,848	2% below HPI
2007 29 NOV	£147,950	£138,599	7% above HPI
2003 10 MAR	£77,500	£63,720	22% above HPI
2001 16 NOV	£45,950	£50,552	9% below HPI

62 OWLET ASH FIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The four 62 OWLET ASH FIELDS sales between November 2001 and June 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 November 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 62 OWLET ASH FIELDS be worth now?

62 OWLET ASH FIELDS might now be worth an estimated £180,542.

This is based on house price inflation of 42.2%, between June 2015 and May 2026, for terraced 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 42.2% inflationary increase is applied to the most recent sale price for 62 OWLET ASH FIELDS of £127,000 on 25th June 2015. For the value to have increased from £127,000 to £180,542 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 62 OWLET ASH FIELDS has moved in line with the HPI for terraced houses in the Westmorland and Furness local authority area.
• The June 2015 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 62 OWLET ASH FIELDS has not materially changed since June 2015.

How Large is 62 OWLET ASH FIELDS?

62 OWLET ASH FIELDS is 90m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of terraced houses houses in Milnthorpe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Milnthorpe, and where 62 OWLET ASH FIELDS lies on this distribution: 27% of terraced houses houses are smaller than 62 OWLET ASH FIELDS, and 73% of houses are larger. Note that EPC data is not available for all properties in Milnthorpe.

62 OWLET ASH FIELDS: Plot and Title Map

62 OWLET ASH FIELDS sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 62 OWLET ASH FIELDS, 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 62 OWLET ASH FIELDS). 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 62 OWLET ASH FIELDS?

62 OWLET ASH FIELDS is located in MILNTHORPE, in the LA7 postcode district. The below map shows the position of No. 62 on OWLET ASH FIELDS.