20, ACRE BANK CLOSE, SKINBURNESS, WIGTON, CA7 4RD - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 ACRE BANK CLOSE is a large detached house of 135m², built sometime between 2003 and 2006, which could now be worth an estimated £319,795. It was last sold for £245,000 in January 2017, which was around 15% above the average January 2017 detached price in the Cumberland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

20 ACRE BANK CLOSE Sold Prices

Land registry data shows two sales for 20 ACRE BANK 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 20 ACRE BANK 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
2017 31 JAN	£245,000	£213,443	15% above HPI
2006 7 NOV	£232,500	£203,403	14% above HPI

20 ACRE BANK 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 20 ACRE BANK CLOSE sales from November 2006 and January 2017 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 November 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 20 ACRE BANK CLOSE be worth now?

20 ACRE BANK CLOSE might now be worth an estimated £319,795.

This is based on house price inflation of 30.5%, between January 2017 and February 2025, 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 30.5% inflationary increase is applied to the most recent sale price for 20 ACRE BANK CLOSE of £245,000 on 31st January 2017. For the value to have increased from £245,000 to £319,795 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 20 ACRE BANK CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The January 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 20 ACRE BANK CLOSE has not materially changed since January 2017.

How Large is 20 ACRE BANK CLOSE?

20 ACRE BANK CLOSE is 135m² according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses houses in Skinburness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skinburness, and where 20 ACRE BANK CLOSE lies on this distribution: 71% of detached houses houses are smaller than 20 ACRE BANK CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Skinburness.

20 ACRE BANK CLOSE: Plot and Title Map

20 ACRE BANK CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 20 ACRE BANK 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 20 ACRE BANK 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 20 ACRE BANK CLOSE?

20 ACRE BANK CLOSE is located in SKINBURNESS, in the CA7 postcode district. The below map shows the position of No. 20 on ACRE BANK CLOSE.