5, OAKS LANE, KIRKBAMPTON, CARLISLE, CA5 6HY - £318,000

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 OAKS LANE is a large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £318,000 in November 2019, which was around 45% above the average November 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

5 OAKS LANE Sold Prices

Land registry data shows five sales for 5 OAKS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the five 5 OAKS LANE 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
2019 1 NOV	£318,000	£219,108	45% above HPI
2016 22 MAR	£278,000	£210,598	32% above HPI
2004 27 JAN	£198,500	£135,883	46% above HPI
2001 1 AUG	£135,000	£87,813	54% above HPI
1998 1 MAY	£116,000	£76,151	52% above HPI

5 OAKS LANE 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 five 5 OAKS LANE sales between May 1998 and November 2019 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 March 2016 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2019 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 5 OAKS LANE?

5 OAKS LANE is 159m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of detached houses in Kirkbampton, based on EPC data. The below chart shows the distribution of detached houses by size in Kirkbampton, and where 5 OAKS LANE lies on this distribution: 71% of detached houses are smaller than 5 OAKS LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Kirkbampton.

5 OAKS LANE: Plot and Title Map

5 OAKS LANE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 5 OAKS LANE, 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 OAKS LANE). 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 OAKS LANE?

5 OAKS LANE is located in KIRKBAMPTON, in the CA5 postcode district. The below map shows the position of No. 5 on OAKS LANE.