8, FINCH CLOSE, CARLISLE, CA1 2WB - £165,000

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

8 FINCH CLOSE is a very small extended detached house of 79m², built sometime between 2003 and 2006. It was last sold for £165,000 in September 2018, which was around 27% below the average September 2018 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

8 FINCH CLOSE Sold Prices

Land registry data shows three sales for 8 FINCH 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. All of the three 8 FINCH 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
2018 5 SEP	£165,000	£225,250	27% below HPI
2005 17 MAR	£132,500	£166,129	20% below HPI
1999 15 OCT	£79,650	£82,222	3% below HPI

8 FINCH 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 8 FINCH CLOSE sales between October 1999 and September 2018 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 March 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 8 FINCH CLOSE?

8 FINCH CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Carlisle, based on EPC data. The below chart shows the distribution of detached houses by size in Carlisle, and where 8 FINCH CLOSE lies on this distribution: 14% of detached houses are smaller than 8 FINCH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

8 FINCH CLOSE: Plot and Title Map

8 FINCH CLOSE sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 8 FINCH 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 FINCH 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 FINCH CLOSE?

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