6, ACRE BANK CLOSE, SKINBURNESS, WIGTON, CA7 4RD - £200,000

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.

6 ACRE BANK CLOSE is a very large extended detached house of 151m², built sometime between 2007 and 2011, which could now be worth an estimated £213,628. It was last sold for £200,000 in August 2023, which was around 23% below the average August 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

6 ACRE BANK CLOSE Sold Prices

Land registry data shows three sales for 6 ACRE BANK CLOSE 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. Two of the three 6 ACRE BANK CLOSE sales were for below the average price, whilst one was 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
2023 16 AUG	£200,000	£260,831	23% below HPI
2022 25 AUG	£232,750	£261,645	11% below HPI
2011 12 OCT	£204,000	£197,778	3% above HPI

6 ACRE BANK CLOSE 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 6 ACRE BANK CLOSE sales between October 2011 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 August 2022 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 6 ACRE BANK CLOSE be worth now?

6 ACRE BANK CLOSE might now be worth an estimated £213,628.

This is based on house price inflation of 6.8%, between August 2023 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 6.8% inflationary increase is applied to the most recent sale price for 6 ACRE BANK CLOSE of £200,000 on 16th August 2023. For the value to have increased from £200,000 to £213,628 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 6 ACRE BANK CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The August 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ACRE BANK CLOSE has not materially changed since August 2023.

How Large is 6 ACRE BANK CLOSE?

6 ACRE BANK CLOSE is 151m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Skinburness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skinburness, and where 6 ACRE BANK CLOSE lies on this distribution: 81% of detached houses houses are smaller than 6 ACRE BANK CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Skinburness.

6 ACRE BANK CLOSE: Plot and Title Map

6 ACRE BANK CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 6 ACRE BANK CLOSE, 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 6 ACRE BANK CLOSE). 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 6 ACRE BANK CLOSE?

6 ACRE BANK CLOSE is located in SKINBURNESS, in the CA7 postcode district. The below map shows the position of No. 6 on ACRE BANK CLOSE.