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 THE OLD TANNERY is a large detached house of 173m², built sometime between 1996 and 2002. It was last sold for £355,000 in July 2015, which was around 80% above the average July 2015 detached price in the Cumberland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 16 THE OLD TANNERY 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 16 THE OLD TANNERY 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 |
---|---|---|---|
2015 31 JUL | £355,000 | £197,327 | 80% above HPI |
2002 17 MAY | £210,500 | £95,120 | 121% 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 16 THE OLD TANNERY sales from May 2002 and July 2015 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 May 2002 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the July 2015 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.
16 THE OLD TANNERY is 173m² according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Scotby, based on EPC data. The below chart shows the distribution of detached houses by size in Scotby, and where 16 THE OLD TANNERY lies on this distribution: 68% of detached houses are smaller than 16 THE OLD TANNERY, and 32% of houses are larger. Note that EPC data is not available for all properties in Scotby.
16 THE OLD TANNERY sits on a plot of roughly 6.3 acres, or 25,697m². The below map shows the location of 16 THE OLD TANNERY, 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 THE OLD TANNERY). 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.
16 THE OLD TANNERY is located in SCOTBY, in the CA4 postcode district. The below map shows the position of No. 16 on THE OLD TANNERY.