11, CRAIKA CLOSE, DEARHAM, MARYPORT, CA15 7EA - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 CRAIKA CLOSE is a small detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £233,655. It was last sold for £185,000 in November 2018, which was around 16% below the average November 2018 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

11 CRAIKA CLOSE Sold Prices

Land registry data shows two sales for 11 CRAIKA CLOSE 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 11 CRAIKA CLOSE sales were for below 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 23 NOV	£185,000	£220,589	16% below HPI
2007 22 JAN	£187,500	£198,036	5% below HPI

11 CRAIKA 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 two 11 CRAIKA CLOSE sales from January 2007 and November 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 January 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 11 CRAIKA CLOSE be worth now?

11 CRAIKA CLOSE might now be worth an estimated £233,655.

This is based on house price inflation of 26.3%, between November 2018 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 26.3% inflationary increase is applied to the most recent sale price for 11 CRAIKA CLOSE of £185,000 on 23rd November 2018. For the value to have increased from £185,000 to £233,655 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 CRAIKA CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The November 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CRAIKA CLOSE has not materially changed since November 2018.

How Large is 11 CRAIKA CLOSE?

11 CRAIKA CLOSE is 88m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses houses in Dearham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dearham, and where 11 CRAIKA CLOSE lies on this distribution: 21% of detached houses houses are smaller than 11 CRAIKA CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Dearham.

11 CRAIKA CLOSE: Plot and Title Map

11 CRAIKA CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 11 CRAIKA 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 11 CRAIKA 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 11 CRAIKA CLOSE?

11 CRAIKA CLOSE is located in DEARHAM, in the CA15 postcode district. The below map shows the position of No. 11 on CRAIKA CLOSE.