14, PARKLANDS DRIVE, COCKERMOUTH, CA13 0WX - £535,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 PARKLANDS DRIVE is a very large detached house of 292m², built sometime between 1996 and 2002, which could now be worth an estimated £664,327. It was last sold for £535,000 in September 2019, which was around 138% above the average September 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

14 PARKLANDS DRIVE Sold Prices

Land registry data shows two sales for 14 PARKLANDS DRIVE 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 14 PARKLANDS DRIVE 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
2019 3 SEP	£535,000	£224,367	138% above HPI
2016 19 FEB	£505,000	£209,442	141% above HPI

14 PARKLANDS 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 two 14 PARKLANDS DRIVE sales from February 2016 and September 2019 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 February 2016 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the September 2019 sale, where it falls to 138% above the HPI. The line then continues to track at 138% above the HPI.

What might 14 PARKLANDS DRIVE be worth now?

14 PARKLANDS DRIVE might now be worth an estimated £664,327.

This is based on house price inflation of 24.2%, between September 2019 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 24.2% inflationary increase is applied to the most recent sale price for 14 PARKLANDS DRIVE of £535,000 on 3rd September 2019. For the value to have increased from £535,000 to £664,327 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 PARKLANDS DRIVE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The September 2019 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PARKLANDS DRIVE has not materially changed since September 2019.

How Large is 14 PARKLANDS DRIVE?

14 PARKLANDS DRIVE is 292m² according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses houses in Cockermouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cockermouth, and where 14 PARKLANDS DRIVE lies on this distribution: 99% of detached houses houses are smaller than 14 PARKLANDS DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Cockermouth.

14 PARKLANDS DRIVE: Plot and Title Map

14 PARKLANDS DRIVE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 14 PARKLANDS 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 14 PARKLANDS 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 14 PARKLANDS DRIVE?

14 PARKLANDS DRIVE is located in COCKERMOUTH, in the CA13 postcode district. The below map shows the position of No. 14 on PARKLANDS DRIVE.