16, GREEN BANK CLOSE, PROSPECT, WIGTON, CA7 2LL - £310,000

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

16 GREEN BANK CLOSE is a large extended detached house of 166m², built sometime between 1996 and 2002. It was last sold for £310,000 in March 2022, which was around 25% above the average March 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

16 GREEN BANK CLOSE Sold Prices

Land registry data shows three sales for 16 GREEN BANK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the three 16 GREEN BANK CLOSE 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
2022 3 MAR	£310,000	£247,992	25% above HPI
2010 5 JUL	£290,000	£200,482	45% above HPI
2003 29 AUG	£220,000	£123,905	78% above HPI

16 GREEN BANK 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 three 16 GREEN BANK CLOSE sales between August 2003 and March 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 July 2010 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 16 GREEN BANK CLOSE?

16 GREEN BANK CLOSE is 166m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Prospect, based on EPC data. The below chart shows the distribution of detached houses by size in Prospect, and where 16 GREEN BANK CLOSE lies on this distribution: 68% of detached houses are smaller than 16 GREEN BANK CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Prospect.

16 GREEN BANK CLOSE: Plot and Title Map

16 GREEN BANK CLOSE sits on a plot of roughly 52.0 acres, or 210,251m². The below map shows the location of 16 GREEN BANK 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 16 GREEN BANK 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 16 GREEN BANK CLOSE?

16 GREEN BANK CLOSE is located in PROSPECT, in the CA7 postcode district. The below map shows the position of No. 16 on GREEN BANK CLOSE.