8, PARKLANDS DRIVE, EGREMONT, CA22 2JH - £175,000

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 PARKLANDS DRIVE is a small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £175,000 in April 2021, which was around 24% below the average April 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

8 PARKLANDS DRIVE Sold Prices

Land registry data shows three sales for 8 PARKLANDS DRIVE 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 PARKLANDS DRIVE 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
2021 30 APR	£175,000	£230,253	24% below HPI
2018 28 JUN	£167,000	£216,738	23% below HPI
2007 23 NOV	£170,000	£213,721	20% below HPI

8 PARKLANDS DRIVE 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 PARKLANDS DRIVE sales between November 2007 and April 2021 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 June 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 PARKLANDS DRIVE?

8 PARKLANDS DRIVE is 81m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Egremont, based on EPC data. The below chart shows the distribution of detached houses by size in Egremont, and where 8 PARKLANDS DRIVE lies on this distribution: 22% of detached houses are smaller than 8 PARKLANDS DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Egremont.

8 PARKLANDS DRIVE: Plot and Title Map

8 PARKLANDS DRIVE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 8 PARKLANDS DRIVE, 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 PARKLANDS DRIVE). 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 PARKLANDS DRIVE?

8 PARKLANDS DRIVE is located in EGREMONT, in the CA22 postcode district. The below map shows the position of No. 8 on PARKLANDS DRIVE.