CERVANTES, CARGO, CARLISLE, CA6 4AW - £357,500

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.

CERVANTES is a very large detached house of 253m², built sometime between 1983 and 1990, which could now be worth an estimated £443,825. It was last sold for £357,500 in September 2020, which was around 59% above the average September 2020 detached price in the Cumberland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

CERVANTES Sold Prices

Land registry data shows two sales for CERVANTES 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 CERVANTES 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 9 SEP	£357,500	£224,415	59% above HPI
2016 19 SEP	£286,000	£211,660	35% above HPI

CERVANTES 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 CERVANTES sales from September 2016 and September 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 September 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2020 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might CERVANTES be worth now?

CERVANTES might now be worth an estimated £443,825.

This is based on house price inflation of 24.1%, between September 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 24.1% inflationary increase is applied to the most recent sale price for CERVANTES of £357,500 on 9th September 2020. For the value to have increased from £357,500 to £443,825 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of CERVANTES has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The September 2020 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of CERVANTES has not materially changed since September 2020.

How Large is CERVANTES?

CERVANTES is 253m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses houses in Cargo, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cargo, and where CERVANTES lies on this distribution: 99% of detached houses houses are smaller than CERVANTES, and 1% of houses are larger. Note that EPC data is not available for all properties in Cargo.

CERVANTES: Plot and Title Map

CERVANTES sits on a plot of roughly 0.251 of an acre, or 1,014m². The below map shows the location of CERVANTES, 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 CERVANTES). 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 CERVANTES?

CERVANTES is located in CARGO, in the CA6 postcode district. The below map shows the position of CERVANTES in CARGO.