16, LOW ROAD CLOSE, COCKERMOUTH, CA13 0GU - £325,000

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.

16 LOW ROAD CLOSE is a midsized detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £411,552. It was last sold for £325,000 in August 2019, which was around 48% above the average August 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

16 LOW ROAD CLOSE Sold Prices

Land registry data shows two sales for 16 LOW ROAD CLOSE 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 16 LOW ROAD 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
2019 28 AUG	£325,000	£220,012	48% above HPI
2007 27 APR	£292,995	£201,435	45% above HPI

16 LOW ROAD 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 two 16 LOW ROAD CLOSE sales from April 2007 and August 2019 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 April 2007 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2019 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 16 LOW ROAD CLOSE be worth now?

16 LOW ROAD CLOSE might now be worth an estimated £411,552.

This is based on house price inflation of 26.6%, between August 2019 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 26.6% inflationary increase is applied to the most recent sale price for 16 LOW ROAD CLOSE of £325,000 on 28th August 2019. For the value to have increased from £325,000 to £411,552 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 16 LOW ROAD CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The August 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LOW ROAD CLOSE has not materially changed since August 2019.

How Large is 16 LOW ROAD CLOSE?

16 LOW ROAD CLOSE is 126m² according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses houses in Cockermouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cockermouth, and where 16 LOW ROAD CLOSE lies on this distribution: 58% of detached houses houses are smaller than 16 LOW ROAD CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Cockermouth.

16 LOW ROAD CLOSE: Plot and Title Map

16 LOW ROAD CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 16 LOW ROAD 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 LOW ROAD 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 LOW ROAD CLOSE?

16 LOW ROAD CLOSE is located in COCKERMOUTH, in the CA13 postcode district. The below map shows the position of No. 16 on LOW ROAD CLOSE.