55, MORICAMBE PARK, SKINBURNESS, WIGTON, CA7 4RB - £120,000

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

55 MORICAMBE PARK is a very large detached house of 174m², built sometime between 1991 and 1995. It was last sold for £120,000 in October 2014, which was around 39% below the average October 2014 detached price in the Cumberland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

55 MORICAMBE PARK Sold Prices

Land registry data shows two sales for 55 MORICAMBE 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 55 MORICAMBE PARK sales were for 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
2014 9 OCT	£120,000	£198,311	39% below HPI
1997 18 DEC	£69,500	£75,786	8% below HPI

55 MORICAMBE 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 55 MORICAMBE PARK sales from December 1997 and October 2014 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 December 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 55 MORICAMBE PARK?

55 MORICAMBE PARK is 174m² according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Skinburness, based on EPC data. The below chart shows the distribution of detached houses by size in Skinburness, and where 55 MORICAMBE PARK lies on this distribution: 86% of detached houses are smaller than 55 MORICAMBE PARK, and 14% of houses are larger. Note that EPC data is not available for all properties in Skinburness.

55 MORICAMBE PARK: Plot and Title Map

55 MORICAMBE PARK sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 55 MORICAMBE 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 55 MORICAMBE 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 55 MORICAMBE PARK?

55 MORICAMBE PARK is located in SKINBURNESS, in the CA7 postcode district. The below map shows the position of No. 55 on MORICAMBE PARK.