Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 HOLMEWOOD PADDOCK is a large detached house of 129m², built sometime between 1991 and 1995. It was last sold for £380,000 in December 2023, which was around 40% above the average December 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 HOLMEWOOD PADDOCK 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 5 HOLMEWOOD PADDOCK 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 |
---|---|---|---|
2023 1 DEC | £380,000 | £270,801 | 40% above HPI |
2022 7 APR | £350,000 | £247,162 | 42% above HPI |
1995 20 SEP | £125,000 | £68,984 | 81% above HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The three 5 HOLMEWOOD PADDOCK sales between September 1995 and December 2023 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 2022 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the December 2023 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.
5 HOLMEWOOD PADDOCK is 129m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Cockermouth, based on EPC data. The below chart shows the distribution of detached houses by size in Cockermouth, and where 5 HOLMEWOOD PADDOCK lies on this distribution: 61% of detached houses are smaller than 5 HOLMEWOOD PADDOCK, and 39% of houses are larger. Note that EPC data is not available for all properties in Cockermouth.
5 HOLMEWOOD PADDOCK sits on a plot of roughly 57.5 acres, or 232,747m². The below map shows the location of 5 HOLMEWOOD PADDOCK, 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 HOLMEWOOD PADDOCK). 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.
5 HOLMEWOOD PADDOCK is located in COCKERMOUTH, in the CA13 postcode district. The below map shows the position of No. 5 on HOLMEWOOD PADDOCK.