4, SPEDDING CLOSE, EGREMONT, CA22 2DA - £157,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 SPEDDING CLOSE is a very small detached house of 72m², built sometime between 2003 and 2006. It was last sold for £157,000 in June 2010, which was around 21% below the average June 2010 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

4 SPEDDING CLOSE Sold Prices

Land registry data shows two sales for 4 SPEDDING CLOSE 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 SPEDDING CLOSE 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
2010 17 JUN	£157,000	£199,733	21% below HPI
2007 25 MAY	£170,000	£200,203	15% below HPI

4 SPEDDING CLOSE 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 SPEDDING CLOSE sales from May 2007 and June 2010 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 May 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2010 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 SPEDDING CLOSE?

4 SPEDDING CLOSE is 72m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% of detached houses in Egremont, based on EPC data. The below chart shows the distribution of detached houses by size in Egremont, and where 4 SPEDDING CLOSE lies on this distribution: 12% of detached houses are smaller than 4 SPEDDING CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Egremont.

4 SPEDDING CLOSE: Plot and Title Map

4 SPEDDING CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 4 SPEDDING CLOSE, 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 SPEDDING CLOSE). 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 SPEDDING CLOSE?

4 SPEDDING CLOSE is located in EGREMONT, in the CA22 postcode district. The below map shows the position of No. 4 on SPEDDING CLOSE.