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
88 THE PARKLANDS is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £295,000 in April 2014, which was around 49% above the average April 2014 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.
Land registry data shows four sales for 88 THE PARKLANDS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the four 88 THE PARKLANDS 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 |
---|---|---|---|
2014 28 APR | £295,000 | £197,903 | 49% above HPI |
2011 11 AUG | £305,000 | £201,094 | 52% above HPI |
2005 7 JUL | £275,000 | £176,755 | 56% above HPI |
2002 16 DEC | £185,950 | £104,178 | 78% above HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The four 88 THE PARKLANDS sales between December 2002 and April 2014 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 2011 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the April 2014 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.
88 THE PARKLANDS is 126m² according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Cockermouth, based on EPC data. The below chart shows the distribution of detached houses by size in Cockermouth, and where 88 THE PARKLANDS lies on this distribution: 58% of detached houses are smaller than 88 THE PARKLANDS, and 40% of houses are larger. Note that EPC data is not available for all properties in Cockermouth.
88 THE PARKLANDS sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 88 THE PARKLANDS, 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 88 THE PARKLANDS). 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.
88 THE PARKLANDS is located in COCKERMOUTH, in the CA13 postcode district. The below map shows the position of No. 88 on THE PARKLANDS.