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 THE STRAND is a small detached house of 118m², built sometime between 1976 and 1982. It was last sold for £370,000 in November 2021, which was around 54% above the average November 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was A.
Land registry data shows five sales for 3 THE STRAND since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the five 3 THE STRAND 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 |
---|---|---|---|
2021 22 NOV | £370,000 | £240,381 | 54% above HPI |
2010 14 JUL | £262,500 | £200,482 | 31% above HPI |
2007 12 SEP | £275,000 | £214,683 | 28% above HPI |
2003 25 JUL | £167,000 | £123,097 | 36% above HPI |
1999 26 NOV | £104,000 | £82,341 | 26% above HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The five 3 THE STRAND sales between November 1999 and November 2021 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 July 2010 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2021 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.
3 THE STRAND is 118m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses in Aglionby, based on EPC data. The below chart shows the distribution of detached houses by size in Aglionby, and where 3 THE STRAND lies on this distribution: 23% of detached houses are smaller than 3 THE STRAND, and 75% of houses are larger. Note that EPC data is not available for all properties in Aglionby.
3 THE STRAND sits on a plot of roughly 0.272 of an acre, or 1,101m². The below map shows the location of 3 THE STRAND, 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 THE STRAND). 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 THE STRAND is located in AGLIONBY, in the CA4 postcode district. The below map shows the position of 3 THE STRAND in AGLIONBY.