The Smithy Loft, Milnthorpe
The Smithy Loft, Milnthorpe
Description & Estimates
The public record describes The Smithy Loft, Milnthorpe as a period house with 914 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
The Smithy Loft, Milnthorpe has an estimated sale value of £324,728 and an estimated rental value of £1,291 per month, assuming reasonable condition and based on the information available.
Ackenthwaite, Milnthorpe, LA7 lies within the LA7 postal district.
Our Data Sources
The Smithy Loft, Milnthorpe has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate The Smithy Loft, Milnthorpe would be worth £340,964, with a potential rental value of £1,355 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £301,997, with a rental value of £1,200 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 The Smithy Loft, Milnthorpe has grown by £1,191 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £52 (4.1%). The property's estimated gross yield is currently 4.8%.
Energy Efficiency
The Smithy Loft, Milnthorpe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.2 kilometres of The Smithy Loft, Milnthorpe across the last 2 years.
Most recently, 5, Sycamore Grove, Milnthorpe, LA7 7DS, a freehold house, sold at £385,000 on the 1st August 2024.
Read more about house prices in LA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks The Smithy Loft, Milnthorpe as the 43rd largest and the 48th most expensive of the 60 addresses on Ackenthwaite, Milnthorpe, LA7.
Against the LA7 postcode district average, it is £46k less expensive than the typical property.
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Schools Nearby
- 700mMilnthorpe Primary School
- 2.4kmBeetham CofE Primary School
- 3.3kmStorth CofE School
- 500mDallam School
- 9.9kmKirkbie Kendal School
- 10.6kmQueen Elizabeth School
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Public Transport Nearby
Arnside station is the nearest stop to The Smithy Loft, Milnthorpe at 5.3 kilometres away.
- 5.3kmArnside
- 7.1kmSilverdale
- 8.9kmOxenholme Lake District
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.
