5, ACRE BANK CLOSE, SKINBURNESS, WIGTON, CA7 4RD - £228,000

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

5 ACRE BANK CLOSE is a large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £228,000 in March 2021, which was around 1% below the average March 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

5 ACRE BANK CLOSE Sold Prices

Land registry data shows three sales for 5 ACRE BANK CLOSE 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. Two of the three 5 ACRE BANK CLOSE sales were for below the average price, whilst one was 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 15 MAR	£228,000	£230,071	1% below HPI
2017 18 DEC	£223,000	£218,218	2% above HPI
2007 30 NOV	£210,000	£213,721	2% below HPI

5 ACRE BANK 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 three 5 ACRE BANK CLOSE sales between November 2007 and March 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 December 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 ACRE BANK CLOSE?

5 ACRE BANK CLOSE is 132m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses in Skinburness, based on EPC data. The below chart shows the distribution of detached houses by size in Skinburness, and where 5 ACRE BANK CLOSE lies on this distribution: 70% of detached houses are smaller than 5 ACRE BANK CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Skinburness.

5 ACRE BANK CLOSE: Plot and Title Map

5 ACRE BANK CLOSE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 5 ACRE BANK 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 5 ACRE BANK 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 5 ACRE BANK CLOSE?

5 ACRE BANK CLOSE is located in SKINBURNESS, in the CA7 postcode district. The below map shows the position of No. 5 on ACRE BANK CLOSE.