FAIRWAYS, WETHERAL, CARLISLE, CA4 8JD - £375,000

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.

FAIRWAYS is a large extended detached house of 180m², built sometime between 1983 and 1990, which could now be worth an estimated £434,631. It was last sold for £375,000 in November 2021, which was around 56% above the average November 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

FAIRWAYS Sold Prices

Land registry data shows two sales for FAIRWAYS 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 FAIRWAYS 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
2021 9 NOV	£375,000	£240,380	56% above HPI
2002 21 MAR	£195,000	£91,831	112% above HPI

FAIRWAYS 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 FAIRWAYS sales from March 2002 and November 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 March 2002 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the November 2021 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might FAIRWAYS be worth now?

FAIRWAYS might now be worth an estimated £434,631.

This is based on house price inflation of 15.9%, between November 2021 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 15.9% inflationary increase is applied to the most recent sale price for FAIRWAYS of £375,000 on 9th November 2021. For the value to have increased from £375,000 to £434,631 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of FAIRWAYS has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The November 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAYS has not materially changed since November 2021.

How Large is FAIRWAYS?

FAIRWAYS is 180m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses houses in Wetheral, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wetheral, and where FAIRWAYS lies on this distribution: 67% of detached houses houses are smaller than FAIRWAYS, and 33% of houses are larger. Note that EPC data is not available for all properties in Wetheral.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.293 of an acre, or 1,186m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located in WETHERAL, in the CA4 postcode district. The below map shows the position of FAIRWAYS in WETHERAL.