14, SPEDDING CLOSE, EGREMONT, CA22 2DA - £235,000

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

14 SPEDDING CLOSE is a very small detached house of 73m², built sometime between 2003 and 2006. It was last sold for £235,000 in November 2021, which was around 2% below the average November 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

14 SPEDDING CLOSE Sold Prices

Land registry data shows three sales for 14 SPEDDING 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. All of the three 14 SPEDDING 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
2021 22 NOV	£235,000	£240,381	2% below HPI
2016 14 MAR	£205,000	£210,598	3% below HPI
2006 4 SEP	£150,000	£200,405	25% below HPI

14 SPEDDING 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 14 SPEDDING CLOSE sales between September 2006 and November 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 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 14 SPEDDING CLOSE?

14 SPEDDING CLOSE is 73m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Egremont, based on EPC data. The below chart shows the distribution of detached houses by size in Egremont, and where 14 SPEDDING CLOSE lies on this distribution: 13% of detached houses are smaller than 14 SPEDDING CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Egremont.

14 SPEDDING CLOSE: Plot and Title Map

14 SPEDDING CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 14 SPEDDING 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 14 SPEDDING 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 14 SPEDDING CLOSE?

14 SPEDDING CLOSE is located in EGREMONT, in the CA22 postcode district. The below map shows the position of No. 14 on SPEDDING CLOSE.