5, HORSESHOE DRIVE, COCKERMOUTH, CA13 9FJ - £429,950

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.

5 HORSESHOE DRIVE is a very large detached house of 168m², built in 2016, which could now be worth an estimated £520,810. It was last sold for £429,950 in March 2021, which was around 87% above the average March 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

5 HORSESHOE DRIVE Sold Prices

Land registry data shows two sales for 5 HORSESHOE DRIVE 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 5 HORSESHOE DRIVE 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 31 MAR	£429,950	£230,069	87% above HPI
2017 3 NOV	£1,400,000	£218,786	540% above HPI

5 HORSESHOE DRIVE 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 5 HORSESHOE DRIVE sales from November 2017 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 November 2017 sale was for 540% above the HPI. So the extrapolation line tracks at 540% above the HPI over time, until the March 2021 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might 5 HORSESHOE DRIVE be worth now?

5 HORSESHOE DRIVE might now be worth an estimated £520,810.

This is based on house price inflation of 21.1%, between March 2021 and March 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 21.1% inflationary increase is applied to the most recent sale price for 5 HORSESHOE DRIVE of £429,950 on 31st March 2021. For the value to have increased from £429,950 to £520,810 over the four years to March 2025, the following assumptions must hold true:

• The value of 5 HORSESHOE DRIVE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The March 2021 sale price of £429,950 represented a fair market value for the property.
• The size, condition, and specification of 5 HORSESHOE DRIVE has not materially changed since March 2021.

How Large is 5 HORSESHOE DRIVE?

5 HORSESHOE DRIVE is 168m² according to the EPC inspection conducted in March 2021. 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 5 HORSESHOE DRIVE lies on this distribution: 83% of detached houses houses are smaller than 5 HORSESHOE DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Cockermouth.

5 HORSESHOE DRIVE: Plot and Title Map

5 HORSESHOE DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 5 HORSESHOE DRIVE, 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 HORSESHOE DRIVE). 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 HORSESHOE DRIVE?

5 HORSESHOE DRIVE is located in COCKERMOUTH, in the CA13 postcode district. The below map shows the position of No. 5 on HORSESHOE DRIVE.