38, PARHAM DRIVE, CARLISLE, CA2 7RP - £107,500

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

38 PARHAM DRIVE is a very small semi-detached house of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £151,391. It was last sold for £107,500 in May 2016, which was around 13% below the average May 2016 semi-detached price in the Cumberland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

38 PARHAM DRIVE Sold Prices

Land registry data shows two sales for 38 PARHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cumberland local authority area for the corresponding sale date. Both of the two 38 PARHAM DRIVE 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
2016 26 MAY	£107,500	£123,245	13% below HPI
2007 26 JUN	£107,950	£125,908	14% below HPI

38 PARHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cumberland local authority area over time, sourced from the HPI. The two 38 PARHAM DRIVE sales from June 2007 and May 2016 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 38 PARHAM DRIVE be worth now?

38 PARHAM DRIVE might now be worth an estimated £151,391.

This is based on house price inflation of 40.8%, between May 2016 and December 2024, for semi-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 40.8% inflationary increase is applied to the most recent sale price for 38 PARHAM DRIVE of £107,500 on 26th May 2016. For the value to have increased from £107,500 to £151,391 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 38 PARHAM DRIVE has moved in line with the HPI for semi-detached houses in the Cumberland local authority area.
• The May 2016 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 38 PARHAM DRIVE has not materially changed since May 2016.

How Large is 38 PARHAM DRIVE?

38 PARHAM DRIVE is 70m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of semi-detached houses houses in Carlisle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Carlisle, and where 38 PARHAM DRIVE lies on this distribution: 5% of semi-detached houses houses are smaller than 38 PARHAM DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

38 PARHAM DRIVE: Plot and Title Map

38 PARHAM DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 38 PARHAM DRIVE, 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 38 PARHAM DRIVE). 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 38 PARHAM DRIVE?

38 PARHAM DRIVE is located in CARLISLE, in the CA2 postcode district. The below map shows the position of No. 38 on PARHAM DRIVE.