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
3 LAUREATES LANE is a small detached house of 105m². It was last sold for £290,000 in December 2017, which was around 33% above the average December 2017 detached price in the Cumberland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 3 LAUREATES LANE since 1st 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 3 LAUREATES LANE 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 1 DEC | £290,000 | £218,218 | 33% above HPI |
2015 27 NOV | £274,950 | £205,101 | 34% above HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The two 3 LAUREATES LANE sales from November 2015 and December 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 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2017 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.
3 LAUREATES LANE is 105m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Cockermouth, based on EPC data. The below chart shows the distribution of detached houses by size in Cockermouth, and where 3 LAUREATES LANE lies on this distribution: 37% of detached houses are smaller than 3 LAUREATES LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Cockermouth.
3 LAUREATES LANE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 3 LAUREATES LANE, 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 LAUREATES LANE). 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.
3 LAUREATES LANE is located in COCKERMOUTH, in the CA13 postcode district. The below map shows the position of No. 3 on LAUREATES LANE.