4, OAK LANE, CARLISLE, CA1 3SW - £260,000

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

4 OAK LANE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £260,000 in February 2021, which was around 12% above the average February 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

4 OAK LANE Sold Prices

Land registry data shows two sales for 4 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 4 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
2021 24 FEB	£260,000	£232,765	12% above HPI
2001 14 NOV	£115,000	£88,839	29% above HPI

4 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 4 OAK LANE sales from November 2001 and February 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 November 2001 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 OAK LANE be worth now?

4 OAK LANE might now be worth an estimated £312,886.

This is based on house price inflation of 20.3%, between February 2021 and December 2024, 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 20.3% inflationary increase is applied to the most recent sale price for 4 OAK LANE of £260,000 on 24th February 2021. For the value to have increased from £260,000 to £312,886 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 4 OAK LANE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The February 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OAK LANE has not materially changed since February 2021.

How Large is 4 OAK LANE?

4 OAK LANE is 81m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses houses in Carlisle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlisle, and where 4 OAK LANE lies on this distribution: 16% of detached houses houses are smaller than 4 OAK LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

4 OAK LANE: Plot and Title Map

4 OAK LANE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 4 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 4 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 4 OAK LANE?

4 OAK LANE is located in CARLISLE, in the CA1 postcode district. The below map shows the position of No. 4 on OAK LANE.