32, PARK ROAD, WIGTON, CA7 9RA - £127,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 PARK ROAD is a very large detached house of 158m², built sometime between 1930 and 1949, which could now be worth an estimated £158,329. It was last sold for £127,500 in October 2020, which was around 43% below the average October 2020 detached price in the Cumberland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

32 PARK ROAD Sold Prices

Land registry data shows three sales for 32 PARK ROAD 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. Two of the three 32 PARK ROAD sales were for below the average price, whilst one was 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
2020 9 OCT	£127,500	£224,356	43% below HPI
2012 10 AUG	£94,000	£195,564	52% below HPI
1996 30 MAY	£86,000	£68,576	25% above HPI

32 PARK ROAD 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 32 PARK ROAD sales between May 1996 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 August 2012 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 32 PARK ROAD be worth now?

32 PARK ROAD might now be worth an estimated £158,329.

This is based on house price inflation of 24.2%, between October 2020 and February 2025, 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 24.2% inflationary increase is applied to the most recent sale price for 32 PARK ROAD of £127,500 on 9th October 2020. For the value to have increased from £127,500 to £158,329 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 32 PARK ROAD has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The October 2020 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 32 PARK ROAD has not materially changed since October 2020.

How Large is 32 PARK ROAD?

32 PARK ROAD is 158m² according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigton, and where 32 PARK ROAD lies on this distribution: 89% of detached houses houses are smaller than 32 PARK ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Wigton.

32 PARK ROAD: Plot and Title Map

32 PARK ROAD sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of 32 PARK ROAD, 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 32 PARK ROAD). 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 32 PARK ROAD?

32 PARK ROAD is located in WIGTON, in the CA7 postcode district. The below map shows the position of No. 32 on PARK ROAD.