8, GRANGE CLOSE, WIGTON, CA7 9EF - £240,000

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 GRANGE CLOSE is a midsized detached house of 120m², which could now be worth an estimated £286,539. It was last sold for £240,000 in December 2020, which was around 3% above the average December 2020 detached price in the Cumberland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

8 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 8 GRANGE 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 GRANGE CLOSE sales were 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
2020 16 DEC	£240,000	£233,354	3% above HPI
2017 25 AUG	£235,000	£216,286	9% above HPI
2014 5 AUG	£222,700	£198,160	12% above HPI

8 GRANGE 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 GRANGE CLOSE sales between August 2014 and December 2020 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 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 GRANGE CLOSE be worth now?

8 GRANGE CLOSE might now be worth an estimated £286,539.

This is based on house price inflation of 19.4%, between December 2020 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 19.4% inflationary increase is applied to the most recent sale price for 8 GRANGE CLOSE of £240,000 on 16th December 2020. For the value to have increased from £240,000 to £286,539 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 GRANGE CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The December 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GRANGE CLOSE has not materially changed since December 2020.

How Large is 8 GRANGE CLOSE?

8 GRANGE CLOSE is 120m² according to the EPC inspection conducted in October 2013. This puts it in the largest 50% of detached houses houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigton, and where 8 GRANGE CLOSE lies on this distribution: 58% of detached houses houses are smaller than 8 GRANGE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Wigton.

8 GRANGE CLOSE: Plot and Title Map

8 GRANGE CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 8 GRANGE 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 GRANGE 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 GRANGE CLOSE?

8 GRANGE CLOSE is located in WIGTON, in the CA7 postcode district. The below map shows the position of No. 8 on GRANGE CLOSE.