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According to the public record, 2 Cove Orchard, Carnforth is a modern leasehold house with 818 ft2 of internal area and sits on a 28,565 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Cove Orchard, Carnforth is £295,274 and the estimated rental value is £1,116 per month.
Cove Road, Silverdale, Carnforth, LA5 is located in the borough of Lancaster within the LA5 postal district.
2 Cove Orchard, Carnforth has 2 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Cove Orchard, Carnforth is in very good condition we estimate a sale value of £310,038 and a rental value of £1,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,605 and a rental value of £1,038 per month.
Over the last 12 months the sale value of 2 Cove Orchard Carnforth has increased by an estimated £1,054 (0.4%) and its rental value has increased by an estimated £35 per month (3.1%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2 Cove Orchard, Carnforth sits on a plot of 28565m2.
We have plot size data on 10 out of 10 other houses in the postcode and 2 Cove Orchard, Carnforth sits on the largest plot.
2 Cove Orchard, Carnforth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 2 Cove Orchard, Carnforth was last sold on 6th October 2023 for £277,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since October 2023, the market for similar properties has dropped 23.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Cove Orchard, Carnforth within a radius of 3.1 kilometres over the last 2 years.
The most recent example is 1 Cove Orchard, Cove Road, Carnforth, LA5 0BF, a leasehold house which sold for £280,000 on the 16th January 2023.
Read more about house prices in LA5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cove Road, Silverdale, Carnforth, LA5 has a total of 68 addresses. According to our analysis of all the public data, 2 Cove Orchard, Carnforth is the 57th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in LA5.
The closest station to 2 Cove Orchard, Carnforth is Silverdale station which is 2.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Cove Orchard, Carnforth, 59.7% of property is privately owned outright and 23.4% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Cove Orchard, Carnforth, 16.3% of residents are recorded as possessing school level qualifications and 45.6% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Cove Orchard, Carnforth, the average age was 46.9 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Cove Orchard, Carnforth, 3.3% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Cove Orchard, Carnforth, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.