47, THE PARKLANDS, COCKERMOUTH, CA13 0XJ - £455,000

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.

47 THE PARKLANDS is a very large detached house of 169m², built sometime between 1996 and 2002, which could now be worth an estimated £544,604. It was last sold for £455,000 in February 2021, which was around 95% above the average February 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

47 THE PARKLANDS Sold Prices

Land registry data shows three sales for 47 THE PARKLANDS 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. All of the three 47 THE PARKLANDS 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 19 FEB	£455,000	£232,765	95% above HPI
2014 1 APR	£395,000	£197,902	100% above HPI
2001 24 AUG	£191,500	£87,812	118% above HPI

47 THE PARKLANDS 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 47 THE PARKLANDS sales between August 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 April 2014 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the February 2021 sale, where it falls to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 47 THE PARKLANDS be worth now?

47 THE PARKLANDS might now be worth an estimated £544,604.

This is based on house price inflation of 19.7%, between February 2021 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 19.7% inflationary increase is applied to the most recent sale price for 47 THE PARKLANDS of £455,000 on 19th February 2021. For the value to have increased from £455,000 to £544,604 over the four years to February 2025, the following assumptions must hold true:

• The value of 47 THE PARKLANDS has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The February 2021 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 47 THE PARKLANDS has not materially changed since February 2021.

How Large is 47 THE PARKLANDS?

47 THE PARKLANDS is 169m² according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses houses in Cockermouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cockermouth, and where 47 THE PARKLANDS lies on this distribution: 85% of detached houses houses are smaller than 47 THE PARKLANDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Cockermouth.

47 THE PARKLANDS: Plot and Title Map

47 THE PARKLANDS sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 47 THE PARKLANDS, 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 THE PARKLANDS). 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 47 THE PARKLANDS?

47 THE PARKLANDS is located in COCKERMOUTH, in the CA13 postcode district. The below map shows the position of No. 47 on THE PARKLANDS.