3, OAK LANE, CARLISLE, CA1 3SW - £250,000

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

3 OAK LANE is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £250,000 in April 2013, which was around 29% above the average April 2013 detached price in the Cumberland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

3 OAK LANE Sold Prices

Land registry data shows two sales for 3 OAK LANE 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 3 OAK 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
2013 18 APR	£250,000	£193,300	29% above HPI
2004 25 OCT	£210,000	£166,729	26% above HPI

3 OAK LANE 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 3 OAK LANE sales from October 2004 and April 2013 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 October 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2013 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 3 OAK LANE?

3 OAK LANE is 110m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 50% of detached houses in Carlisle, based on EPC data. The below chart shows the distribution of detached houses by size in Carlisle, and where 3 OAK LANE lies on this distribution: 54% of detached houses are smaller than 3 OAK LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

3 OAK LANE: Plot and Title Map

3 OAK LANE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 3 OAK 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 OAK 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.

Where is 3 OAK LANE?

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