1, RAILBANK DRIVE, WORKINGTON, CA14 5DD - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 RAILBANK DRIVE is a small detached house of 89m². It was last sold for £160,000 in March 2020, which was around 26% below the average March 2020 detached price in the Cumberland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.

1 RAILBANK DRIVE Sold Prices

Land registry data shows two sales for 1 RAILBANK DRIVE since 1st 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 RAILBANK DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2020
31 MAR
£160,000£216,154
down arrow
26% below HPI
2012
29 NOV
£169,995£192,392
down arrow
12% below HPI

1 RAILBANK 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 RAILBANK DRIVE sales from November 2012 and March 2020 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 November 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

1, RAILBANK DRIVE, WORKINGTON, CA14 5DD: Price paid vs HM Land Registry's House Price Index

How Large is 1 RAILBANK DRIVE?

1 RAILBANK DRIVE is 89m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of detached houses in Workington, based on EPC data. The below chart shows the distribution of detached houses by size in Workington, and where 1 RAILBANK DRIVE lies on this distribution: 23% of detached houses are smaller than 1 RAILBANK DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Workington.

1, RAILBANK DRIVE, WORKINGTON, CA14 5DD: Size of property relative to detached houses in Workington

1 RAILBANK DRIVE: Plot and Title Map

1 RAILBANK DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 1 RAILBANK 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 RAILBANK 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.

1, RAILBANK DRIVE, WORKINGTON, CA14 5DD: Plot and title map

Where is 1 RAILBANK DRIVE?

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

1, RAILBANK DRIVE, WORKINGTON, CA14 5DD: Location map and indicative extent of plot

All sales of detached houses on RAILBANK DRIVE

1, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2020
31 MAR
£160,000
42, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2015
27 NOV
£167,995
2, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2015
6 NOV
£213,995
52, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2015
30 JUL
£156,995
44, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2015
29 JUN
£152,995
55, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2015
29 MAY
£153,995
47, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2015
15 MAY
£153,995
29, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2014
13 NOV
£164,995
3, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2013
27 SEP
£149,995
34, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2013
23 AUG
£174,995
4, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2013
23 AUG
£154,995
25, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2013
31 MAY
£191,995
17, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2013
26 APR
£189,995
13, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2013
19 APR
£171,995
1, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2012
29 NOV
£169,995
6, RAILBANK DRIVE, WORKINGTON, CA14 5DD
2012
11 OCT
£159,995
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.