GREENRIGG, DEAN, WORKINGTON, CA14 4TJ - £365,000

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

GREENRIGG is a very small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £365,000 in August 2021, which was around 54% above the average August 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was A.

GREENRIGG Sold Prices

Land registry data shows two sales for GREENRIGG 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. One of the two GREENRIGG sales was for above the average price, whilst the other was 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 4 AUG	£365,000	£237,344	54% above HPI
2016 11 MAY	£176,500	£204,203	14% below HPI

GREENRIGG 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 GREENRIGG sales from May 2016 and August 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 May 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2021 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is GREENRIGG?

GREENRIGG is 88m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Dean, based on EPC data. The below chart shows the distribution of detached houses by size in Dean, and where GREENRIGG lies on this distribution: 4% of detached houses are smaller than GREENRIGG, and 96% of houses are larger. Note that EPC data is not available for all properties in Dean.

GREENRIGG: Plot and Title Map

GREENRIGG sits on a plot of roughly 4.8 acres, or 19,532m². The below map shows the location of GREENRIGG, 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 GREENRIGG). 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 GREENRIGG?

GREENRIGG is located in DEAN, in the CA14 postcode district. The below map shows the position of GREENRIGG in DEAN.