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
15 WELLGATE is a midsized detached house of 143m², built sometime between 1983 and 1990. It was last sold for £470,000 in June 2023, which was around 84% above the average June 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 15 WELLGATE since 1st 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 WELLGATE 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 |
---|---|---|---|
2023 30 JUN | £470,000 | £254,782 | 84% above HPI |
2015 4 DEC | £385,000 | £206,575 | 86% above HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The two 15 WELLGATE sales from December 2015 and June 2023 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 2015 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the June 2023 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.
15 WELLGATE is 143m² according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses in Scotby, based on EPC data. The below chart shows the distribution of detached houses by size in Scotby, and where 15 WELLGATE lies on this distribution: 54% of detached houses are smaller than 15 WELLGATE, and 46% of houses are larger. Note that EPC data is not available for all properties in Scotby.
15 WELLGATE sits on a plot of roughly 0.274 of an acre, or 1,111m². The below map shows the location of 15 WELLGATE, 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 WELLGATE). 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.
15 WELLGATE is located in SCOTBY, in the CA4 postcode district. The below map shows the position of No. 15 on WELLGATE.