162, GREENACRES, WETHERAL, CARLISLE, CA4 8LU - £325,000

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

162 GREENACRES is a small extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £325,000 in August 2023, which was around 25% above the average August 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

162 GREENACRES Sold Prices

Land registry data shows two sales for 162 GREENACRES 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 162 GREENACRES 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
2023 21 AUG	£325,000	£260,710	25% above HPI
1997 23 MAY	£90,000	£70,689	27% above HPI

162 GREENACRES 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 162 GREENACRES sales from May 1997 and August 2023 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 1997 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 162 GREENACRES?

162 GREENACRES is 114m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Wetheral, based on EPC data. The below chart shows the distribution of detached houses by size in Wetheral, and where 162 GREENACRES lies on this distribution: 28% of detached houses are smaller than 162 GREENACRES, and 71% of houses are larger. Note that EPC data is not available for all properties in Wetheral.

162 GREENACRES: Plot and Title Map

162 GREENACRES sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 162 GREENACRES, 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 162 GREENACRES). 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 162 GREENACRES?

162 GREENACRES is located in WETHERAL, in the CA4 postcode district. The below map shows the position of No. 162 on GREENACRES.