15, CRAIKA CLOSE, DEARHAM, MARYPORT, CA15 7EA - £190,000

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.

15 CRAIKA CLOSE is a very small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £249,453. It was last sold for £190,000 in March 2017, which was around 10% below the average March 2017 detached price in the Cumberland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

15 CRAIKA CLOSE Sold Prices

Land registry data shows two sales for 15 CRAIKA CLOSE 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. One of the two 15 CRAIKA CLOSE sales was for below the average price, whilst the other was 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
2017 15 MAR	£190,000	£212,203	10% below HPI
2004 9 DEC	£195,000	£169,302	15% above HPI

15 CRAIKA 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 two 15 CRAIKA CLOSE sales from December 2004 and March 2017 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 December 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 CRAIKA CLOSE be worth now?

15 CRAIKA CLOSE might now be worth an estimated £249,453.

This is based on house price inflation of 31.3%, between March 2017 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 31.3% inflationary increase is applied to the most recent sale price for 15 CRAIKA CLOSE of £190,000 on 15th March 2017. For the value to have increased from £190,000 to £249,453 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 15 CRAIKA CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The March 2017 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CRAIKA CLOSE has not materially changed since March 2017.

How Large is 15 CRAIKA CLOSE?

15 CRAIKA CLOSE is 87m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses houses in Dearham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dearham, and where 15 CRAIKA CLOSE lies on this distribution: 20% of detached houses houses are smaller than 15 CRAIKA CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Dearham.

15 CRAIKA CLOSE: Plot and Title Map

15 CRAIKA CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 15 CRAIKA 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 15 CRAIKA 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 15 CRAIKA CLOSE?

15 CRAIKA CLOSE is located in DEARHAM, in the CA15 postcode district. The below map shows the position of No. 15 on CRAIKA CLOSE.