HALL BANK, EAGLESFIELD, COCKERMOUTH, CA13 0SD - £300,000

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.

HALL BANK is a small extended detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £319,445. It was last sold for £300,000 in August 2022, which was around 15% above the average August 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

HALL BANK Sold Prices

Land registry data shows two sales for HALL BANK 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 HALL BANK 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
2022 23 AUG	£300,000	£261,645	15% above HPI
1997 5 DEC	£85,000	£75,786	12% above HPI

HALL BANK 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 HALL BANK sales from December 1997 and August 2022 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 December 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might HALL BANK be worth now?

HALL BANK might now be worth an estimated £319,445.

This is based on house price inflation of 6.5%, between August 2022 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 6.5% inflationary increase is applied to the most recent sale price for HALL BANK of £300,000 on 23rd August 2022. For the value to have increased from £300,000 to £319,445 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of HALL BANK has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The August 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of HALL BANK has not materially changed since August 2022.

How Large is HALL BANK?

HALL BANK is 95m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses houses in Eaglesfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eaglesfield, and where HALL BANK lies on this distribution: 31% of detached houses houses are smaller than HALL BANK, and 69% of houses are larger. Note that EPC data is not available for all properties in Eaglesfield.

HALL BANK: Plot and Title Map

HALL BANK sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of HALL BANK, 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 HALL BANK). 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 HALL BANK?

HALL BANK is located in EAGLESFIELD, in the CA13 postcode district. The below map shows the position of HALL BANK in EAGLESFIELD.