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
47 MARKET HILL is a small extended detached house of 95m², built sometime before 1900. It was last sold for £94,000 in September 2014, which was around 54% below the average September 2014 detached price in the Cumberland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows three sales for 47 MARKET HILL since 1st 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. All of the three 47 MARKET HILL 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 |
---|---|---|---|
2014 5 SEP | £94,000 | £203,077 | 54% below HPI |
2007 9 FEB | £98,500 | £199,671 | 51% below HPI |
1999 18 JUN | £37,000 | £79,606 | 54% below HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The three 47 MARKET HILL sales between June 1999 and September 2014 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 February 2007 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2014 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.
47 MARKET HILL is 95m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses by size in Wigton, and where 47 MARKET HILL lies on this distribution: 29% of detached houses are smaller than 47 MARKET HILL, and 70% of houses are larger. Note that EPC data is not available for all properties in Wigton.
47 MARKET HILL sits on a plot of roughly 0.807 of an acre, or 3,266m². The below map shows the location of 47 MARKET HILL, 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 47 MARKET HILL). 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.
47 MARKET HILL is located in WIGTON, in the CA7 postcode district. The below map shows the position of No. 47 on MARKET HILL.