7, LAUREL BANK, WHITEHAVEN, CA28 6SW - £320,000

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

7 LAUREL BANK is a midsized extended detached house of 116m², built sometime between 2003 and 2006. It was last sold for £320,000 in September 2022, which was around 21% above the average September 2022 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.

7 LAUREL BANK Sold Prices

Land registry data shows three sales for 7 LAUREL BANK 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 7 LAUREL BANK sales were a mix of above the average price, and roughly equal to 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
2022 9 SEP	£320,000	£263,583	21% above HPI
2003 14 NOV	£135,000	£134,752	Close to HPI
1997 21 NOV	£85,450	£77,336	10% above HPI

7 LAUREL BANK 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 7 LAUREL BANK sales between November 1997 and September 2022 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 7 LAUREL BANK?

7 LAUREL BANK is 116m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% of detached houses in Whitehaven, based on EPC data. The below chart shows the distribution of detached houses by size in Whitehaven, and where 7 LAUREL BANK lies on this distribution: 45% of detached houses are smaller than 7 LAUREL BANK, and 53% of houses are larger. Note that EPC data is not available for all properties in Whitehaven.

7 LAUREL BANK: Plot and Title Map

7 LAUREL BANK sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7 LAUREL BANK, 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 7 LAUREL BANK). 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 7 LAUREL BANK?

7 LAUREL BANK is located in WHITEHAVEN, in the CA28 postcode district. The below map shows the position of No. 7 on LAUREL BANK.