MAY TREE, GREEN LANE, STORTH, MILNTHORPE, LA7 7HU - £170,000

MAY TREE is a small extended detached house of 81m², built sometime between 1900 and 1929. It was last sold for £170,000 in December 2011, which was around 34% below the average December 2011 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2010, where the current energy rating was G, and the potential energy rating was F.

MAY TREE Sold Prices

Land registry data shows two sales for MAY TREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Both of the two MAY TREE 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
2011 9 DEC	£170,000	£257,431	34% below HPI
2005 1 JUN	£140,000	£239,184	41% below HPI

MAY TREE 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 two MAY TREE sales from June 2005 and December 2011 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 June 2005 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2011 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is MAY TREE?

MAY TREE is 81m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of detached houses in Storth, based on EPC data. The below chart shows the distribution of detached houses by size in Storth, and where MAY TREE lies on this distribution: 23% of detached houses are smaller than MAY TREE, and 77% of houses are larger. Note that EPC data is not available for all properties in Storth.

MAY TREE: Plot and Title Map

MAY TREE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of MAY TREE, 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 MAY TREE). 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 MAY TREE?

MAY TREE is located on GREEN LANE in STORTH, in the LA7 postcode district. The below map shows the position of MAY TREE on GREEN LANE.