4, Chapel Close
4, Chapel Close
Description & Estimates
Public records show 4, Chapel Close, Milnthorpe to be an early-century freehold house with 1,162 ft2 of internal area, sitting on a 399 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Chapel Close, Milnthorpe has an estimated sale value of £405,053 and an estimated rental value of £1,273 per month, assuming reasonable condition and based on the information available.
Chapel Close, Storth, Milnthorpe, LA7 lies within the LA7 postal district.
Our Data Sources
4, Chapel Close, Milnthorpe has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 4, Chapel Close, Milnthorpe would be worth £425,306, with a potential rental value of £1,337 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £376,699, with a rental value of £1,184 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Chapel Close, Milnthorpe has moved up by £1,485 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £52 (4.1%). The property's estimated gross yield is currently 3.8%.
Plot Size
4, Chapel Close, Milnthorpe occupies a 399 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
4, Chapel Close, Milnthorpe has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Sep 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Chapel Close, Milnthorpe last changed hands on 9th August 2019, selling for £295,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.0% since August 2019.
- Sold Aug 2019£295,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.6 kilometres of 4, Chapel Close, Milnthorpe across the last 2 years.
Most recently, 12, Langdale Crest, Milnthorpe, LA7 7JG, a freehold house, sold at £357,500 on the 25th October 2023.
Read more about house prices in LA7.
- Sold Oct 2023£357,500 | 3 Bed House12, Langdale Crest, Milnthorpe, LA7 7JG12, Langdale Crest, Milnthorpe, LA7 7JG
- Sold Sep 2022£340,000 | 3 Bed House5, Chapel Close, Milnthorpe, LA7 7BU5, Chapel Close, Milnthorpe, LA7 7BU
- Sold Apr 2019£240,000 | 3 Bed House5, Burntbarrow, Milnthorpe, LA7 7JW5, Burntbarrow, Milnthorpe, LA7 7JW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 4, Chapel Close, Milnthorpe as the 3rd largest and the 3rd most expensive of the 8 addresses on Chapel Close, Storth, Milnthorpe, LA7.
Against the LA7 postcode district average, it is £35k more expensive than the typical property.
More reading links
Schools Nearby
- 200mStorth CofE School
- 2.1kmArnside National CofE School
- 2.4kmBeetham CofE Primary School
- 3.0kmDallam School
- 9.5kmCartmel Priory CofE School
- 10.1kmCarnforth High School
More reading links
Public Transport Nearby
Arnside station is the nearest stop to 4, Chapel Close, Milnthorpe at 1.8 kilometres away.
- 1.8kmArnside
- 4.8kmSilverdale
- 6.5kmGrange-over-Sands
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
