8, GREEN BANK CLOSE, PROSPECT, WIGTON, CA7 2LL - £139,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 GREEN BANK CLOSE is a large detached house of 166m², built sometime between 1996 and 2002. It was last sold for £139,000 in July 2002, which was around 39% above the average July 2002 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

8 GREEN BANK CLOSE Sold Prices

Land registry data shows two sales for 8 GREEN BANK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Both of the two 8 GREEN BANK 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
2002 31 JUL	£139,000	£100,234	39% above HPI
1999 7 SEP	£116,000	£79,956	45% above HPI

8 GREEN BANK 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 two 8 GREEN BANK CLOSE sales from September 1999 and July 2002 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 1999 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2002 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 8 GREEN BANK CLOSE?

8 GREEN BANK CLOSE is 166m² according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses in Prospect, based on EPC data. The below chart shows the distribution of detached houses by size in Prospect, and where 8 GREEN BANK CLOSE lies on this distribution: 68% of detached houses are smaller than 8 GREEN BANK CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Prospect.

8 GREEN BANK CLOSE: Plot and Title Map

8 GREEN BANK CLOSE sits on a plot of roughly 52.0 acres, or 210,251m². The below map shows the location of 8 GREEN BANK 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 GREEN BANK 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 GREEN BANK CLOSE?

8 GREEN BANK CLOSE is located in PROSPECT, in the CA7 postcode district. The below map shows the position of No. 8 on GREEN BANK CLOSE.