2, CAIN STREET, WORKINGTON, CA14 3XX - £97,500

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 CAIN STREET is a very small extended semi-detached house of 86m², built sometime between 1950 and 1966. It was last sold for £97,500 in September 2018, which was around 57% below the average September 2018 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

2 CAIN STREET Sold Prices

Land registry data shows four sales for 2 CAIN STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the four 2 CAIN STREET 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
2018 21 SEP	£97,500	£225,250	57% below HPI
2016 13 JUN	£65,000	£200,309	68% below HPI
2009 9 JAN	£75,000	£189,653	60% below HPI
2004 16 MAR	£20,880	£139,599	85% below HPI

2 CAIN STREET 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 four 2 CAIN STREET sales between March 2004 and September 2018 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 June 2016 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the September 2018 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 2 CAIN STREET?

2 CAIN STREET is 86m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Workington, based on EPC data. The below chart shows the distribution of detached houses by size in Workington, and where 2 CAIN STREET lies on this distribution: 18% of detached houses are smaller than 2 CAIN STREET, and 80% of houses are larger. Note that EPC data is not available for all properties in Workington.

2 CAIN STREET: Plot and Title Map

2 CAIN STREET sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 2 CAIN STREET, 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 CAIN STREET). 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 CAIN STREET?

2 CAIN STREET is located in WORKINGTON, in the CA14 postcode district. The below map shows the position of No. 2 on CAIN STREET.