2, CHEPSTOW CLOSE, CARLISLE, CA2 4QT - £385,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CHEPSTOW CLOSE is a very large detached house of 158m². It was last sold for £385,000 in November 2022, which was around 45% above the average November 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

2 CHEPSTOW CLOSE Sold Prices

Land registry data shows two sales for 2 CHEPSTOW CLOSE 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 2 CHEPSTOW CLOSE 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
2022 30 NOV	£385,000	£266,183	45% above HPI
2016 16 DEC	£290,000	£210,446	38% above HPI

2 CHEPSTOW CLOSE 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 2 CHEPSTOW CLOSE sales from December 2016 and November 2022 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 December 2016 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2022 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 2 CHEPSTOW CLOSE be worth now?

2 CHEPSTOW CLOSE might now be worth an estimated £405,145.

This is based on house price inflation of 5.2%, between November 2022 and December 2024, for detached 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 5.2% inflationary increase is applied to the most recent sale price for 2 CHEPSTOW CLOSE of £385,000 on 30th November 2022. For the value to have increased from £385,000 to £405,145 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 CHEPSTOW CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The November 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHEPSTOW CLOSE has not materially changed since November 2022.

How Large is 2 CHEPSTOW CLOSE?

2 CHEPSTOW CLOSE is 158m² according to the EPC inspection conducted in December 2016. This puts it in the largest 20% of detached houses houses in Carlisle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlisle, and where 2 CHEPSTOW CLOSE lies on this distribution: 88% of detached houses houses are smaller than 2 CHEPSTOW CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

2 CHEPSTOW CLOSE: Plot and Title Map

2 CHEPSTOW CLOSE sits on a plot of roughly 4.9 acres, or 19,889m². The below map shows the location of 2 CHEPSTOW CLOSE, 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 CHEPSTOW CLOSE). 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 CHEPSTOW CLOSE?

2 CHEPSTOW CLOSE is located in CARLISLE, in the CA2 postcode district. The below map shows the position of No. 2 on CHEPSTOW CLOSE.