According to the public record, 2, The Grove, Carnforth is a mid-century freehold house and with 584 ft2 of internal area and sits on a 88.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
The Grove, Carnforth, LA5 is located in the borough of Lancaster within the LA5 postal district.
2, The Grove, Carnforth has 2 entries in the Land Registry database, most recently in June 2016 and a single entry in the EPC database dated February 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 The Grove Carnforth as £141,267 and the rental value as £801 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 2 The Grove Carnforth has increased by £4,674 (3.3%) and its rental value has increased by £50 per month (6.2%).
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, The Grove, Carnforth is in very good condition we estimate a sale value of £148,331 and rental value of £841 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,379 and a rental value of £745 per month.
If you were able to purchase this property for the estimated value of £141,267, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £694 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, The Grove, Carnforth sits on a plot of 89m2.
We have plot size data on 11 out of 21 other houses in the postcode and 2, The Grove, Carnforth sits on the 8th largest plot.
According to HM Land Registry, 2, The Grove, Carnforth was last sold on 14 Jun 2016 for £110,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2016, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Grove, Carnforth within a radius of 155m over the last 2 years.
The most recent example is 21, The Drive, Carnforth, LA5 9JD, a Freehold house which sold for £145,000 in Apr 2024.
Read more about house prices in LA5.
The Grove, Carnforth, LA5 has a total of 21 addresses. According to our analysis of all the public data, 2, The Grove, Carnforth is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in LA5.
2, The Grove, Carnforth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, The Grove, Carnforth is Carnforth station which is 1.0 km away.
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, The Grove, Carnforth, 44.6% of property is privately owned outright and 38.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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, The Grove, Carnforth, 19.0% of residents are recorded as possessing school level qualifications and 35.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, The Grove, 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, The Grove, Carnforth, 0.3% 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, The Grove, 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.