15, FERN WAY, WHITEHAVEN, CA28 6NJ - £135,000

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

15 FERN WAY is a very small semi-detached house of 57m², built sometime between 1996 and 2002. It was last sold for £135,000 in June 2022, which was around 47% below the average June 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

15 FERN WAY Sold Prices

Land registry data shows four sales for 15 FERN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the four 15 FERN WAY 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
2022 21 JUN	£135,000	£252,599	47% below HPI
2011 4 FEB	£115,000	£201,536	43% below HPI
2004 5 MAR	£85,000	£139,599	39% below HPI
2001 14 DEC	£53,750	£88,608	39% below HPI

15 FERN WAY 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 four 15 FERN WAY sales between December 2001 and June 2022 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 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 15 FERN WAY?

15 FERN WAY is 57m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Whitehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Whitehaven, and where 15 FERN WAY lies on this distribution: 1% of detached houses are smaller than 15 FERN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Whitehaven.

15 FERN WAY: Plot and Title Map

15 FERN WAY sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 15 FERN WAY, 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 FERN WAY). 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 FERN WAY?

15 FERN WAY is located in WHITEHAVEN, in the CA28 postcode district. The below map shows the position of No. 15 on FERN WAY.