Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
HILLCROFT is a midsized extended detached house of 111m², built sometime between 1900 and 1929. It was last sold for £190,000 in December 2021, which was around 21% below the average December 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was G, and the potential energy rating was C.
Land registry data shows three sales for HILLCROFT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the three HILLCROFT sales were 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 10 DEC | £190,000 | £239,587 | 21% below HPI |
2003 31 JUL | £60,000 | £123,097 | 51% below HPI |
2002 15 MAR | £58,000 | £91,831 | 37% below HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The three HILLCROFT sales between March 2002 and December 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 July 2003 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
HILLCROFT is 111m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Gilsland, based on EPC data. The below chart shows the distribution of detached houses by size in Gilsland, and where HILLCROFT lies on this distribution: 54% of detached houses are smaller than HILLCROFT, and 44% of houses are larger. Note that EPC data is not available for all properties in Gilsland.
HILLCROFT sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of HILLCROFT, 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 HILLCROFT). 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.
HILLCROFT is located in GILSLAND, in the CA8 postcode district. The below map shows the position of HILLCROFT in GILSLAND.