LODGE BARN, ACKENTHWAITE, MILNTHORPE, LA7 7DQ - £895,000

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.

LODGE BARN is a very large extended detached house of 322m², built sometime between 1996 and 2002, which could now be worth an estimated £1,024,860. It was last sold for £895,000 in March 2021, which was around 164% above the average March 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

LODGE BARN Sold Prices

Land registry data shows three sales for LODGE BARN 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 LODGE BARN 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
2021 29 MAR	£895,000	£338,860	164% above HPI
2012 22 FEB	£705,000	£248,512	184% above HPI
2005 14 APR	£550,000	£232,466	137% above HPI

LODGE BARN 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 LODGE BARN sales between April 2005 and March 2021 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 February 2012 sale was for 184% above the HPI. So the extrapolation line tracks at 184% above the HPI over time, until the March 2021 sale, where it falls to 164% above the HPI. The line then continues to track at 164% above the HPI.

What might LODGE BARN be worth now?

LODGE BARN might now be worth an estimated £1,024,860.

This is based on house price inflation of 14.5%, between March 2021 and May 2026, 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 14.5% inflationary increase is applied to the most recent sale price for LODGE BARN of £895,000 on 29th March 2021. For the value to have increased from £895,000 to £1,024,860 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of LODGE BARN has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The March 2021 sale price of £895,000 represented a fair market value for the property.
• The size, condition, and specification of LODGE BARN has not materially changed since March 2021.

How Large is LODGE BARN?

LODGE BARN is 322m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses houses in Ackenthwaite, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ackenthwaite, and where LODGE BARN lies on this distribution: More than 99% of detached houses houses are smaller than LODGE BARN, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Ackenthwaite.

LODGE BARN: Plot and Title Map

LODGE BARN sits on a plot of roughly 0.301 of an acre, or 1,217m². The below map shows the location of LODGE BARN, 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 LODGE BARN). 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 LODGE BARN?

LODGE BARN is located in ACKENTHWAITE, in the LA7 postcode district. The below map shows the position of LODGE BARN in ACKENTHWAITE.