12, PARHAM DRIVE, CARLISLE, CA2 7RP - £115,000

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 PARHAM DRIVE is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £115,000 in February 2021, which was around 51% below the average February 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

12 PARHAM DRIVE Sold Prices

Land registry data shows three sales for 12 PARHAM DRIVE 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. All of the three 12 PARHAM DRIVE 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
2021 5 FEB	£115,000	£232,766	51% below HPI
2018 23 MAR	£118,000	£216,067	45% below HPI
2007 14 DEC	£113,952	£211,883	46% below HPI

12 PARHAM DRIVE 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 12 PARHAM DRIVE sales between December 2007 and February 2021 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 March 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2021 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 12 PARHAM DRIVE?

12 PARHAM DRIVE is 75m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Carlisle, based on EPC data. The below chart shows the distribution of detached houses by size in Carlisle, and where 12 PARHAM DRIVE lies on this distribution: 9% of detached houses are smaller than 12 PARHAM DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

12 PARHAM DRIVE: Plot and Title Map

12 PARHAM DRIVE sits on a plot of roughly 0.070 of an acre, or 281m². The below map shows the location of 12 PARHAM DRIVE, 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 PARHAM DRIVE). 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 PARHAM DRIVE?

12 PARHAM DRIVE is located in CARLISLE, in the CA2 postcode district. The below map shows the position of No. 12 on PARHAM DRIVE.