7, NEWLANDS PARK, WORKINGTON, CA14 3NE - £80,000

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.

7 NEWLANDS PARK is a very small semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £85,618. It was last sold for £80,000 in October 2023, which was around 50% below the average October 2023 semi-detached price in the Cumberland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

7 NEWLANDS PARK Sold Prices

Land registry data shows three sales for 7 NEWLANDS PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cumberland local authority area for the corresponding sale date. All of the three 7 NEWLANDS 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
2023 27 OCT	£80,000	£161,000	50% below HPI
2022 18 FEB	£82,500	£150,167	45% below HPI
2017 1 SEP	£72,500	£131,628	45% below HPI

7 NEWLANDS PARK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cumberland local authority area over time, sourced from the HPI. The three 7 NEWLANDS PARK sales between September 2017 and October 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 February 2022 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2023 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 7 NEWLANDS PARK be worth now?

7 NEWLANDS PARK might now be worth an estimated £85,618.

This is based on house price inflation of 7%, between October 2023 and February 2025, for semi-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 7% inflationary increase is applied to the most recent sale price for 7 NEWLANDS PARK of £80,000 on 27th October 2023. For the value to have increased from £80,000 to £85,618 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 NEWLANDS PARK has moved in line with the HPI for semi-detached houses in the Cumberland local authority area.
• The October 2023 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEWLANDS PARK has not materially changed since October 2023.

How Large is 7 NEWLANDS PARK?

7 NEWLANDS PARK is 65m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of semi-detached houses houses in Workington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Workington, and where 7 NEWLANDS PARK lies on this distribution: 4% of semi-detached houses houses are smaller than 7 NEWLANDS PARK, and 95% of houses are larger. Note that EPC data is not available for all properties in Workington.

7 NEWLANDS PARK: Plot and Title Map

7 NEWLANDS PARK sits on a plot of roughly 1.2 acres, or 4,742m². The below map shows the location of 7 NEWLANDS 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 7 NEWLANDS 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 7 NEWLANDS PARK?

7 NEWLANDS PARK is located in WORKINGTON, in the CA14 postcode district. The below map shows the position of No. 7 on NEWLANDS PARK.