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
8B LONGTHWAITE CRESCENT is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £175,000 in February 2021, which was around 25% below the average February 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 8B LONGTHWAITE CRESCENT 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 8B LONGTHWAITE CRESCENT 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 11 FEB | £175,000 | £232,766 | 25% below HPI |
2007 15 AUG | £185,000 | £211,868 | 13% below HPI |
2002 26 MAR | £89,000 | £91,831 | 3% below HPI |
1995 5 JUL | £63,500 | £69,829 | 9% below HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The four 8B LONGTHWAITE CRESCENT sales between July 1995 and February 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 August 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
8B LONGTHWAITE CRESCENT is 87m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses by size in Wigton, and where 8B LONGTHWAITE CRESCENT lies on this distribution: 20% of detached houses are smaller than 8B LONGTHWAITE CRESCENT, and 78% of houses are larger. Note that EPC data is not available for all properties in Wigton.
8B LONGTHWAITE CRESCENT sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 8B LONGTHWAITE CRESCENT, 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 8B LONGTHWAITE CRESCENT). 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.
8B LONGTHWAITE CRESCENT is located in WIGTON, in the CA7 postcode district. The below map shows the position of No. 8B on LONGTHWAITE CRESCENT.