8, BORDER CLOSE, CARLISLE, CA1 3TG - £175,000

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.

8 BORDER CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £218,686. It was last sold for £175,000 in October 2019, which was around 22% below the average October 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

8 BORDER CLOSE Sold Prices

Land registry data shows five sales for 8 BORDER CLOSE 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 8 BORDER CLOSE 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
2019 15 OCT	£175,000	£222,948	22% below HPI
2013 27 SEP	£146,500	£196,193	25% below HPI
2005 18 NOV	£131,000	£182,192	28% below HPI
2003 24 OCT	£108,000	£133,292	19% below HPI
1999 19 MAR	£73,850	£75,751	3% below HPI

8 BORDER 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 five 8 BORDER CLOSE sales between March 1999 and October 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 September 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 BORDER CLOSE be worth now?

8 BORDER CLOSE might now be worth an estimated £218,686.

This is based on house price inflation of 25%, between October 2019 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 25% inflationary increase is applied to the most recent sale price for 8 BORDER CLOSE of £175,000 on 15th October 2019. For the value to have increased from £175,000 to £218,686 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 BORDER CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The October 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BORDER CLOSE has not materially changed since October 2019.

How Large is 8 BORDER CLOSE?

8 BORDER CLOSE is 72m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses houses in Carlisle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlisle, and where 8 BORDER CLOSE lies on this distribution: 6% of detached houses houses are smaller than 8 BORDER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

8 BORDER CLOSE: Plot and Title Map

8 BORDER CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 8 BORDER 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 8 BORDER 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 8 BORDER CLOSE?

8 BORDER CLOSE is located in CARLISLE, in the CA1 postcode district. The below map shows the position of No. 8 on BORDER CLOSE.