2, DERWENT BANK CRESCENT, PORTINSCALE, KESWICK, CA12 5TP - £450,000

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 DERWENT BANK CRESCENT is a small detached house of 117m², which could now be worth an estimated £485,558. It was last sold for £450,000 in May 2024, which was around 73% above the average May 2024 detached price in the Cumberland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was A.

2 DERWENT BANK CRESCENT Sold Prices

Land registry data shows two sales for 2 DERWENT BANK CRESCENT 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 DERWENT BANK CRESCENT 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
2024 31 MAY	£450,000	£259,598	73% above HPI
2020 12 OCT	£375,000	£224,356	67% above HPI

2 DERWENT BANK CRESCENT 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 DERWENT BANK CRESCENT sales from October 2020 and May 2024 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 October 2020 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2024 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 2 DERWENT BANK CRESCENT be worth now?

2 DERWENT BANK CRESCENT might now be worth an estimated £485,558.

This is based on house price inflation of 7.9%, between May 2024 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 7.9% inflationary increase is applied to the most recent sale price for 2 DERWENT BANK CRESCENT of £450,000 on 31st May 2024. For the value to have increased from £450,000 to £485,558 over the five months to December 2024, the following assumptions must hold true:

• The value of 2 DERWENT BANK CRESCENT has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The May 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DERWENT BANK CRESCENT has not materially changed since May 2024.

How Large is 2 DERWENT BANK CRESCENT?

2 DERWENT BANK CRESCENT is 117m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses houses in Portinscale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portinscale, and where 2 DERWENT BANK CRESCENT lies on this distribution: 30% of detached houses houses are smaller than 2 DERWENT BANK CRESCENT, and 66% of houses are larger. Note that EPC data is not available for all properties in Portinscale.

2 DERWENT BANK CRESCENT: Plot and Title Map

2 DERWENT BANK CRESCENT sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 2 DERWENT BANK CRESCENT, 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 DERWENT BANK CRESCENT). 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 DERWENT BANK CRESCENT?

2 DERWENT BANK CRESCENT is located in PORTINSCALE, in the CA12 postcode district. The below map shows the position of No. 2 on DERWENT BANK CRESCENT.