27, RAILBANK DRIVE, WORKINGTON, CA14 5DD - £180,000

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

27 RAILBANK DRIVE is a small detached house of 89m². It was last sold for £180,000 in October 2020, which was around 20% below the average October 2020 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was C.

27 RAILBANK DRIVE Sold Prices

Land registry data shows two sales for 27 RAILBANK DRIVE 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 27 RAILBANK DRIVE 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
2020 6 OCT	£180,000	£224,357	20% below HPI
2013 14 JUN	£171,750	£192,886	11% below HPI

27 RAILBANK DRIVE 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 27 RAILBANK DRIVE sales from June 2013 and October 2020 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 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 27 RAILBANK DRIVE?

27 RAILBANK DRIVE is 89m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Workington, based on EPC data. The below chart shows the distribution of detached houses by size in Workington, and where 27 RAILBANK DRIVE lies on this distribution: 23% of detached houses are smaller than 27 RAILBANK DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Workington.

27 RAILBANK DRIVE: Plot and Title Map

27 RAILBANK DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 27 RAILBANK DRIVE, 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 27 RAILBANK DRIVE). 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 27 RAILBANK DRIVE?

27 RAILBANK DRIVE is located in WORKINGTON, in the CA14 postcode district. The below map shows the position of No. 27 on RAILBANK DRIVE.