1, RHEDA CLOSE, FRIZINGTON, CA26 3TB - £237,500

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 RHEDA CLOSE is a very large detached house of 181m², built sometime between 1983 and 1990. It was last sold for £237,500 in January 2018, which was around 10% above the average January 2018 detached price in the Cumberland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

1 RHEDA CLOSE Sold Prices

Land registry data shows four sales for 1 RHEDA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the four 1 RHEDA CLOSE 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
2018 18 JAN	£237,500	£216,380	10% above HPI
2007 20 JUL	£249,000	£205,698	21% above HPI
2002 28 JUN	£127,000	£97,534	30% above HPI
1996 16 AUG	£86,500	£69,451	25% above HPI

1 RHEDA CLOSE 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 four 1 RHEDA CLOSE sales between August 1996 and January 2018 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 July 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2018 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1 RHEDA CLOSE?

1 RHEDA CLOSE is 181m² according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Frizington, based on EPC data. The below chart shows the distribution of detached houses by size in Frizington, and where 1 RHEDA CLOSE lies on this distribution: 94% of detached houses are smaller than 1 RHEDA CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Frizington.

1 RHEDA CLOSE: Plot and Title Map

1 RHEDA CLOSE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 1 RHEDA CLOSE, 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 RHEDA CLOSE). 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 RHEDA CLOSE?

1 RHEDA CLOSE is located in FRIZINGTON, in the CA26 postcode district. The below map shows the position of No. 1 on RHEDA CLOSE.