11, SOUTH BANK CLOSE, WIGTON, CA7 9LR - £215,000

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

11 SOUTH BANK CLOSE is a small detached house of 102m², built sometime between 1991 and 1995. It was last sold for £215,000 in March 2015, which was around 10% above the average March 2015 detached price in the Cumberland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

11 SOUTH BANK CLOSE Sold Prices

Land registry data shows three sales for 11 SOUTH BANK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Two of the three 11 SOUTH BANK CLOSE sales were for above the average price, whilst one was 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
2015 2 MAR	£215,000	£196,209	10% above HPI
2002 16 DEC	£104,950	£104,178	1% above HPI
2000 24 JUL	£77,000	£81,299	5% below HPI

11 SOUTH BANK 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 three 11 SOUTH BANK CLOSE sales between July 2000 and March 2015 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 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2015 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 11 SOUTH BANK CLOSE?

11 SOUTH BANK CLOSE is 102m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses by size in Wigton, and where 11 SOUTH BANK CLOSE lies on this distribution: 37% of detached houses are smaller than 11 SOUTH BANK CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wigton.

11 SOUTH BANK CLOSE: Plot and Title Map

11 SOUTH BANK CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 11 SOUTH BANK 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 SOUTH BANK 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 SOUTH BANK CLOSE?

11 SOUTH BANK CLOSE is located in WIGTON, in the CA7 postcode district. The below map shows the position of No. 11 on SOUTH BANK CLOSE.