2, ASHLEY WAY, EGREMONT, CA22 2JT - £216,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 ASHLEY WAY is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £216,000 in June 2023, which was around 15% below the average June 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

2 ASHLEY WAY Sold Prices

Land registry data shows three sales for 2 ASHLEY WAY since 1^st 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 2 ASHLEY WAY 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
2023 21 JUN	£216,000	£254,782	15% below HPI
2022 10 FEB	£187,500	£246,319	24% below HPI
2016 1 NOV	£167,000	£211,904	21% below HPI

2 ASHLEY WAY 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 three 2 ASHLEY WAY sales between November 2016 and June 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 February 2022 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 ASHLEY WAY?

2 ASHLEY WAY is 77m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Egremont, based on EPC data. The below chart shows the distribution of detached houses by size in Egremont, and where 2 ASHLEY WAY lies on this distribution: 18% of detached houses are smaller than 2 ASHLEY WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Egremont.

2 ASHLEY WAY: Plot and Title Map

2 ASHLEY WAY sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 2 ASHLEY WAY, 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 2 ASHLEY WAY). 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 2 ASHLEY WAY?

2 ASHLEY WAY is located in EGREMONT, in the CA22 postcode district. The below map shows the position of No. 2 on ASHLEY WAY.