Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 WATSON LANE is a large detached house of 131m². It was last sold for £290,000 in May 2023, which was around 14% above the average May 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 1 WATSON LANE 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 WATSON LANE 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 |
---|---|---|---|
2023 12 MAY | £290,000 | £253,282 | 14% above HPI |
2020 11 DEC | £270,950 | £233,355 | 16% 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 WATSON LANE sales from December 2020 and May 2023 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 December 2020 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.
1 WATSON LANE is 131m² according to the EPC inspection conducted in December 2020. This puts it in the largest 40% of detached houses in Whitehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Whitehaven, and where 1 WATSON LANE lies on this distribution: 64% of detached houses are smaller than 1 WATSON LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Whitehaven.
1 WATSON LANE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 1 WATSON LANE, 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 WATSON LANE). 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 WATSON LANE is located in WHITEHAVEN, in the CA28 postcode district. The below map shows the position of No. 1 on WATSON LANE.