14, THE AVENUE, GILGARRAN, WORKINGTON, CA14 4RD - £270,000

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

14 THE AVENUE is a small extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £270,000 in October 2018, which was around 19% above the average October 2018 detached price in the Cumberland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

14 THE AVENUE Sold Prices

Land registry data shows two sales for 14 THE AVENUE 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 THE AVENUE 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
2018 5 OCT	£270,000	£225,973	19% above HPI
2000 27 OCT	£110,000	£85,459	29% above HPI

14 THE AVENUE 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 THE AVENUE sales from October 2000 and October 2018 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 October 2000 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2018 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 14 THE AVENUE?

14 THE AVENUE is 113m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Gilgarran, based on EPC data. The below chart shows the distribution of detached houses by size in Gilgarran, and where 14 THE AVENUE lies on this distribution: 38% of detached houses are smaller than 14 THE AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Gilgarran.

14 THE AVENUE: Plot and Title Map

14 THE AVENUE sits on a plot of roughly 0.290 of an acre, or 1,173m². The below map shows the location of 14 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

14 THE AVENUE is located in GILGARRAN, in the CA14 postcode district. The below map shows the position of No. 14 on THE AVENUE.