GROOMS COTTAGE, CROOK O LUNE, LANCASTER, LA2 9HS - £180,000

GROOMS COTTAGE is a very small extended detached house of 42m², built sometime before 1900. It was last sold for £180,000 in October 2013, which was around 20% below the average October 2013 detached price in the Lancaster local authority area. The most recent EPC inspection was July 2012, where the current energy rating was F, and the potential energy rating was C.

GROOMS COTTAGE Sold Prices

Land registry data shows two sales for GROOMS COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two GROOMS COTTAGE 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
2013 4 OCT	£180,000	£226,274	20% below HPI
2000 21 JAN	£43,000	£87,724	51% below HPI

GROOMS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two GROOMS COTTAGE sales from January 2000 and October 2013 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 January 2000 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2013 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is GROOMS COTTAGE?

GROOMS COTTAGE is 42m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Caton, based on EPC data. The below chart shows the distribution of detached houses by size in Caton, and where GROOMS COTTAGE lies on this distribution: 1% of detached houses are smaller than GROOMS COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Caton.

GROOMS COTTAGE: Plot and Title Map

GROOMS COTTAGE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of GROOMS 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 GROOMS 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 GROOMS COTTAGE?

GROOMS COTTAGE is located in CROOK O LUNE, in the LA2 postcode district. The below map shows the position of GROOMS COTTAGE in CROOK O LUNE.