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 THE GLEBE is a very large extended detached house of 266m², built sometime between 1950 and 1966. It was last sold for £735,000 in October 2018, which was around 225% above the average October 2018 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 1 THE GLEBE 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 THE GLEBE 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 31 OCT | £735,000 | £225,973 | 225% above HPI |
1996 31 MAY | £105,000 | £68,577 | 53% above HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The two 1 THE GLEBE sales from May 1996 and October 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 May 1996 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2018 sale, where it rises to 225% above the HPI. The line then continues to track at 225% above the HPI.
1 THE GLEBE is 266m², which includes four extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses in Wetheral, based on EPC data. The below chart shows the distribution of detached houses by size in Wetheral, and where 1 THE GLEBE lies on this distribution: 93% of detached houses are smaller than 1 THE GLEBE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wetheral.
1 THE GLEBE sits on a plot of roughly 0.571 of an acre, or 2,311m². The below map shows the location of 1 THE GLEBE, 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 THE GLEBE). 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 THE GLEBE is located in WETHERAL, in the CA4 postcode district. The below map shows the position of No. 1 on THE GLEBE.