2, MELLINGS PLACE, CARNFORTH, LA5 9TQ - £295,995

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.

2 MELLINGS PLACE is a small detached house of 89m², built in 2023, which could now be worth an estimated £290,592. It was last sold for £295,995 in August 2023, which was around 13% below the average August 2023 detached price in the Lancaster local authority area. The most recent EPC inspection was August 2023, where the current energy rating was B, and the potential energy rating was A.

2 MELLINGS PLACE Sold Prices

Land registry data shows one sale for 2 MELLINGS PLACE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Lancaster local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 18 AUG	£295,995	£338,983	13% below HPI

What might 2 MELLINGS PLACE be worth now?

2 MELLINGS PLACE might now be worth an estimated £290,592.

This is based on house price deflation of 1.8%, between August 2023 and May 2026, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% deflationary decrease is applied to the most recent sale price for 2 MELLINGS PLACE of £295,995 on 18th August 2023. For the value to have decreased from £295,995 to £290,592 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 2 MELLINGS PLACE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The August 2023 sale price of £295,995 represented a fair market value for the property.
• The size, condition, and specification of 2 MELLINGS PLACE has not materially changed since August 2023.

How Large is 2 MELLINGS PLACE?

2 MELLINGS PLACE is 89m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% of detached houses in Carnforth, based on EPC data. The below chart shows the distribution of detached houses by size in Carnforth, and where 2 MELLINGS PLACE lies on this distribution: 35% of detached houses are smaller than 2 MELLINGS PLACE, and 63% of detached houses are larger. Note that EPC data is not available for all properties in Carnforth.

2 MELLINGS PLACE: Plot

2 MELLINGS PLACE sits on a plot of roughly 41.7 acres, or 168,564m².

Where is 2 MELLINGS PLACE?

2 MELLINGS PLACE is located in CARNFORTH, in the LA5 postcode district.