12, MORICAMBE PARK, SKINBURNESS, WIGTON, CA7 4RB - £80,000

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

12 MORICAMBE PARK is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £80,000 in May 2015, which was around 59% below the average May 2015 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

12 MORICAMBE PARK Sold Prices

Land registry data shows two sales for 12 MORICAMBE PARK 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 12 MORICAMBE PARK 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
2015 11 MAY	£80,000	£194,384	59% below HPI
2002 27 SEP	£80,000	£105,120	24% below HPI

12 MORICAMBE PARK 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 12 MORICAMBE PARK sales from September 2002 and May 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 September 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2015 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 12 MORICAMBE PARK?

12 MORICAMBE PARK is 60m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Skinburness, based on EPC data. The below chart shows the distribution of detached houses by size in Skinburness, and where 12 MORICAMBE PARK lies on this distribution: 3% of detached houses are smaller than 12 MORICAMBE PARK, and 97% of houses are larger. Note that EPC data is not available for all properties in Skinburness.

12 MORICAMBE PARK: Plot and Title Map

12 MORICAMBE PARK sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 12 MORICAMBE PARK, 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 12 MORICAMBE PARK). 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 12 MORICAMBE PARK?

12 MORICAMBE PARK is located in SKINBURNESS, in the CA7 postcode district. The below map shows the position of No. 12 on MORICAMBE PARK.