15, PARK ROAD, WIGTON, CA7 9RA - £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 PARK ROAD is a very small detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £211,994. It was last sold for £190,000 in May 2022, which was around 24% below the average May 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

15 PARK ROAD Sold Prices

Land registry data shows two sales for 15 PARK ROAD 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 15 PARK ROAD 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 13 MAY	£190,000	£249,699	24% below HPI
2014 28 NOV	£105,000	£199,572	47% below HPI

15 PARK ROAD 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 PARK ROAD sales from November 2014 and May 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 November 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 15 PARK ROAD be worth now?

15 PARK ROAD might now be worth an estimated £211,994.

This is based on house price inflation of 11.6%, between May 2022 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 11.6% inflationary increase is applied to the most recent sale price for 15 PARK ROAD of £190,000 on 13th May 2022. For the value to have increased from £190,000 to £211,994 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 15 PARK ROAD has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The May 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARK ROAD has not materially changed since May 2022.

How Large is 15 PARK ROAD?

15 PARK ROAD is 84m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigton, and where 15 PARK ROAD lies on this distribution: 18% of detached houses houses are smaller than 15 PARK ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Wigton.

15 PARK ROAD: Plot and Title Map

15 PARK ROAD sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 15 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

15 PARK ROAD is located in WIGTON, in the CA7 postcode district. The below map shows the position of No. 15 on PARK ROAD.