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
166 GREENACRES is a small extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £265,000 in December 2016, which was around 26% above the average December 2016 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 166 GREENACRES since 1st 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 166 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 |
---|---|---|---|
2016 8 DEC | £265,000 | £210,448 | 26% above HPI |
2002 28 MAR | £130,000 | £91,831 | 42% above HPI |
1998 31 JUL | £85,000 | £75,984 | 12% above HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The three 166 GREENACRES sales between July 1998 and December 2016 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 March 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2016 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.
166 GREENACRES is 113m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 166 GREENACRES lies on this distribution: 26% of detached houses are smaller than 166 GREENACRES, and 72% of houses are larger. Note that EPC data is not available for all properties in Wetheral.
166 GREENACRES sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 166 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 166 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.
166 GREENACRES is located in WETHERAL, in the CA4 postcode district. The below map shows the position of No. 166 on GREENACRES.