FAIRWAY, THE MOUNT, PAPCASTLE, COCKERMOUTH, CA13 0JY - £422,650

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

FAIRWAY is a small detached house of 123m², built sometime between 1967 and 1975. It was last sold for £422,650 in February 2023, which was around 63% above the average February 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was C.

FAIRWAY Sold Prices

Land registry data shows two sales for FAIRWAY 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 FAIRWAY 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
2023 10 FEB	£422,650	£259,513	63% above HPI
1997 14 MAR	£110,000	£70,016	57% above HPI

FAIRWAY 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 FAIRWAY sales from March 1997 and February 2023 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 March 1997 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2023 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is FAIRWAY?

FAIRWAY is 123m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Papcastle, based on EPC data. The below chart shows the distribution of detached houses by size in Papcastle, and where FAIRWAY lies on this distribution: 32% of detached houses are smaller than FAIRWAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Papcastle.

FAIRWAY: Plot and Title Map

FAIRWAY sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of FAIRWAY, 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 FAIRWAY). 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 FAIRWAY?

FAIRWAY is located on THE MOUNT in PAPCASTLE, in the CA13 postcode district. The below map shows the position of FAIRWAY on THE MOUNT.