3, FINCH CLOSE, CARLISLE, CA1 2WB - £165,000

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

3 FINCH CLOSE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £165,000 in May 2017, which was around 21% below the average May 2017 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

3 FINCH CLOSE Sold Prices

Land registry data shows three sales for 3 FINCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the three 3 FINCH CLOSE 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
2017 16 MAY	£165,000	£209,358	21% below HPI
2013 8 JUN	£130,000	£192,884	33% below HPI
1999 8 APR	£72,600	£75,155	3% below HPI

3 FINCH 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 three 3 FINCH CLOSE sales between April 1999 and May 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 June 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 FINCH CLOSE be worth now?

3 FINCH CLOSE might now be worth an estimated £220,762.

This is based on house price inflation of 33.8%, between May 2017 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 33.8% inflationary increase is applied to the most recent sale price for 3 FINCH CLOSE of £165,000 on 16th May 2017. For the value to have increased from £165,000 to £220,762 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 3 FINCH CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The May 2017 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FINCH CLOSE has not materially changed since May 2017.

How Large is 3 FINCH CLOSE?

3 FINCH CLOSE is 76m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% 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 3 FINCH CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 FINCH CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

3 FINCH CLOSE: Plot and Title Map

3 FINCH CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 3 FINCH 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 3 FINCH 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 3 FINCH CLOSE?

3 FINCH CLOSE is located in CARLISLE, in the CA1 postcode district. The below map shows the position of No. 3 on FINCH CLOSE.