171, NEWLANDS LANE SOUTH, WORKINGTON, CA14 3NS - £100,000

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.

171 NEWLANDS LANE SOUTH is a very small terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £140,439. It was last sold for £100,000 in May 2011, which was around 5% above the average May 2011 terraced price in the Cumberland local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

171 NEWLANDS LANE SOUTH Sold Prices

Land registry data shows four sales for 171 NEWLANDS LANE SOUTH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cumberland local authority area for the corresponding sale date. All of the four 171 NEWLANDS LANE SOUTH 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
2011 13 MAY	£100,000	£95,305	5% above HPI
2011 18 MAR	£112,000	£94,953	18% above HPI
2008 5 DEC	£116,000	£98,498	18% above HPI
2002 28 JAN	£39,000	£38,062	2% above HPI

171 NEWLANDS LANE SOUTH Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cumberland local authority area over time, sourced from the HPI. The four 171 NEWLANDS LANE SOUTH sales between January 2002 and May 2011 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 2011 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2011 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 171 NEWLANDS LANE SOUTH be worth now?

171 NEWLANDS LANE SOUTH might now be worth an estimated £140,439.

This is based on house price inflation of 40.4%, between May 2011 and June 2025, for terraced 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 40.4% inflationary increase is applied to the most recent sale price for 171 NEWLANDS LANE SOUTH of £100,000 on 13th May 2011. For the value to have increased from £100,000 to £140,439 over the thirteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 171 NEWLANDS LANE SOUTH has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The May 2011 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 171 NEWLANDS LANE SOUTH has not materially changed since May 2011.

How Large is 171 NEWLANDS LANE SOUTH?

171 NEWLANDS LANE SOUTH is 84m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of terraced houses houses in Workington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Workington, and where 171 NEWLANDS LANE SOUTH lies on this distribution: 19% of terraced houses houses are smaller than 171 NEWLANDS LANE SOUTH, and 81% of houses are larger. Note that EPC data is not available for all properties in Workington.

171 NEWLANDS LANE SOUTH: Plot and Title Map

171 NEWLANDS LANE SOUTH sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 171 NEWLANDS LANE SOUTH, 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 171 NEWLANDS LANE SOUTH). 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 171 NEWLANDS LANE SOUTH?

171 NEWLANDS LANE SOUTH is located in WORKINGTON, in the CA14 postcode district. The below map shows the position of No. 171 on NEWLANDS LANE SOUTH.