2, RHEDA CLOSE, FRIZINGTON, CA26 3TB - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 RHEDA CLOSE is a very large extended detached house of 290m², built sometime between 1983 and 1990. It was last sold for £220,000 in September 2004, which was around 31% above the average September 2004 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

2 RHEDA CLOSE Sold Prices

Land registry data shows two sales for 2 RHEDA 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. One of the two 2 RHEDA CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2004 28 SEP	£220,000	£168,432	31% above HPI
1997 20 JUN	£72,000	£72,329	Close to HPI

2 RHEDA 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 RHEDA CLOSE sales from June 1997 and September 2004 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 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2004 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 2 RHEDA CLOSE?

2 RHEDA CLOSE is 290m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses in Frizington, based on EPC data. The below chart shows the distribution of detached houses by size in Frizington, and where 2 RHEDA CLOSE lies on this distribution: 99% of detached houses are smaller than 2 RHEDA CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Frizington.

2 RHEDA CLOSE: Plot and Title Map

2 RHEDA CLOSE sits on a plot of roughly 0.231 of an acre, or 936m². The below map shows the location of 2 RHEDA 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 RHEDA 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 RHEDA CLOSE?

2 RHEDA CLOSE is located in FRIZINGTON, in the CA26 postcode district. The below map shows the position of No. 2 on RHEDA CLOSE.