5, LANCASTER PLACE, COCKERMOUTH, CA13 0AZ - £295,000

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 LANCASTER PLACE is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £295,000 in August 2023, which was around 13% above the average August 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

5 LANCASTER PLACE Sold Prices

Land registry data shows three sales for 5 LANCASTER PLACE 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. The three 5 LANCASTER PLACE sales were a mix of above the average price, roughly equal to the average price, and 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
2023 1 AUG	£295,000	£260,710	13% above HPI
2001 27 JUL	£83,500	£84,285	1% below HPI
2000 2 MAR	£80,000	£79,825	Close to HPI

5 LANCASTER PLACE 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 LANCASTER PLACE sales between March 2000 and August 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 July 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 5 LANCASTER PLACE?

5 LANCASTER PLACE is 59m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% 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 LANCASTER PLACE lies on this distribution: 1% of detached houses are smaller than 5 LANCASTER PLACE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cockermouth.

5 LANCASTER PLACE: Plot and Title Map

5 LANCASTER PLACE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 5 LANCASTER PLACE, 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 LANCASTER PLACE). 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 LANCASTER PLACE?

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