1, ELDER DRIVE, STAINBURN, WORKINGTON, CA14 1WW - £220,000

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.

1 ELDER DRIVE is a large detached house of 121m², which could now be worth an estimated £285,282. It was last sold for £220,000 in July 2019, which was around 2% above the average July 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

1 ELDER DRIVE Sold Prices

Land registry data shows two sales for 1 ELDER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Both of the two 1 ELDER DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 31 JUL	£220,000	£214,850	2% above HPI
2014 26 SEP	£247,450	£203,075	22% above HPI

1 ELDER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The two 1 ELDER DRIVE sales from September 2014 and July 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2014 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 ELDER DRIVE be worth now?

1 ELDER DRIVE might now be worth an estimated £285,282.

This is based on house price inflation of 29.7%, between July 2019 and February 2025, for detached houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for 1 ELDER DRIVE of £220,000 on 31st July 2019. For the value to have increased from £220,000 to £285,282 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 1 ELDER DRIVE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The July 2019 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELDER DRIVE has not materially changed since July 2019.

How Large is 1 ELDER DRIVE?

1 ELDER DRIVE is 121m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses houses in Stainburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stainburn, and where 1 ELDER DRIVE lies on this distribution: 64% of detached houses houses are smaller than 1 ELDER DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Stainburn.

1 ELDER DRIVE: Plot and Title Map

1 ELDER DRIVE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 1 ELDER DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 ELDER DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 ELDER DRIVE?

1 ELDER DRIVE is located in STAINBURN, in the CA14 postcode district. The below map shows the position of No. 1 on ELDER DRIVE.