16, RICHMOND CLOSE, WORKINGTON, CA14 4EY - £164,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 RICHMOND CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £164,000 in September 2019, which was around 27% below the average September 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

16 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 16 RICHMOND 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 RICHMOND CLOSE 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
2019 23 SEP	£164,000	£224,368	27% below HPI
1997 5 SEP	£57,000	£75,640	25% below HPI

16 RICHMOND 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 RICHMOND CLOSE sales from September 1997 and September 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 September 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 RICHMOND CLOSE?

16 RICHMOND CLOSE is 74m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Workington, based on EPC data. The below chart shows the distribution of detached houses by size in Workington, and where 16 RICHMOND CLOSE lies on this distribution: 7% of detached houses are smaller than 16 RICHMOND CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Workington.

16 RICHMOND CLOSE: Plot and Title Map

16 RICHMOND CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 16 RICHMOND 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 RICHMOND 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 RICHMOND CLOSE?

16 RICHMOND CLOSE is located in WORKINGTON, in the CA14 postcode district. The below map shows the position of No. 16 on RICHMOND CLOSE.