5, NEAR PARK, SCOTBY, CARLISLE, CA4 8AU - £437,500

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 NEAR PARK is a midsized extended detached house of 149m², built sometime between 1976 and 1982, which could now be worth an estimated £507,069. It was last sold for £437,500 in November 2021, which was around 82% above the average November 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

5 NEAR PARK Sold Prices

Land registry data shows two sales for 5 NEAR PARK 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 NEAR PARK 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 25 NOV	£437,500	£240,380	82% above HPI
1995 10 NOV	£87,000	£69,556	25% above HPI

5 NEAR PARK 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 NEAR PARK sales from November 1995 and November 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 1995 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2021 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might 5 NEAR PARK be worth now?

5 NEAR PARK might now be worth an estimated £507,069.

This is based on house price inflation of 15.9%, between November 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 15.9% inflationary increase is applied to the most recent sale price for 5 NEAR PARK of £437,500 on 25th November 2021. For the value to have increased from £437,500 to £507,069 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 NEAR PARK has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The November 2021 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 5 NEAR PARK has not materially changed since November 2021.

How Large is 5 NEAR PARK?

5 NEAR PARK is 149m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Scotby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scotby, and where 5 NEAR PARK lies on this distribution: 58% of detached houses houses are smaller than 5 NEAR PARK, and 42% of houses are larger. Note that EPC data is not available for all properties in Scotby.

5 NEAR PARK: Plot and Title Map

5 NEAR PARK sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of 5 NEAR PARK, 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 NEAR PARK). 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 NEAR PARK?

5 NEAR PARK is located in SCOTBY, in the CA4 postcode district. The below map shows the position of No. 5 on NEAR PARK.