155, GRASMERE AVENUE, WORKINGTON, CA14 3LN - £95,000

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.

155 GRASMERE AVENUE is a very small terraced house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £101,058. It was last sold for £95,000 in July 2022, which was around 26% below the average July 2022 terraced price in the Cumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

155 GRASMERE AVENUE Sold Prices

Land registry data shows two sales for 155 GRASMERE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cumberland local authority area for the corresponding sale date. Both of the two 155 GRASMERE AVENUE 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 8 JUL	£95,000	£127,697	26% below HPI
2016 13 JUN	£64,000	£97,809	35% below HPI

155 GRASMERE AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cumberland local authority area over time, sourced from the HPI. The two 155 GRASMERE AVENUE sales from June 2016 and July 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 June 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 155 GRASMERE AVENUE be worth now?

155 GRASMERE AVENUE might now be worth an estimated £101,058.

This is based on house price inflation of 6.4%, between July 2022 and July 2025, for terraced 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 6.4% inflationary increase is applied to the most recent sale price for 155 GRASMERE AVENUE of £95,000 on 8th July 2022. For the value to have increased from £95,000 to £101,058 over the three years to July 2025, the following assumptions must hold true:

• The value of 155 GRASMERE AVENUE has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The July 2022 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 155 GRASMERE AVENUE has not materially changed since July 2022.

How Large is 155 GRASMERE AVENUE?

155 GRASMERE AVENUE is 80m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of terraced houses houses in Workington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Workington, and where 155 GRASMERE AVENUE lies on this distribution: 15% of terraced houses houses are smaller than 155 GRASMERE AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Workington.

155 GRASMERE AVENUE: Plot and Title Map

155 GRASMERE AVENUE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 155 GRASMERE 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 155 GRASMERE 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 155 GRASMERE AVENUE?

155 GRASMERE AVENUE is located in WORKINGTON, in the CA14 postcode district. The below map shows the position of No. 155 on GRASMERE AVENUE.