ICARAI, BLACKFORD, CARLISLE, CA6 4DU - £234,000

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.

ICARAI is a very large detached house of 181m², built sometime between 1967 and 1975, which could now be worth an estimated £300,152. It was last sold for £234,000 in May 2019, which was around 8% above the average May 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

ICARAI Sold Prices

Land registry data shows three sales for ICARAI since 1^st 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 ICARAI 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
2019 1 MAY	£234,000	£217,201	8% above HPI
1999 8 OCT	£105,000	£82,222	28% above HPI
1995 16 JAN	£83,000	£69,273	20% above HPI

ICARAI 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 three ICARAI sales between January 1995 and May 2019 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 October 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might ICARAI be worth now?

ICARAI might now be worth an estimated £300,152.

This is based on house price inflation of 28.3%, between May 2019 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 28.3% inflationary increase is applied to the most recent sale price for ICARAI of £234,000 on 1st May 2019. For the value to have increased from £234,000 to £300,152 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of ICARAI has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The May 2019 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of ICARAI has not materially changed since May 2019.

How Large is ICARAI?

ICARAI is 181m² according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses houses in Harker, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harker, and where ICARAI lies on this distribution: 82% of detached houses houses are smaller than ICARAI, and 18% of houses are larger. Note that EPC data is not available for all properties in Harker.

ICARAI: Plot and Title Map

ICARAI sits on a plot of roughly 193.5 acres, or 783,159m². The below map shows the location of ICARAI, 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 ICARAI). 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 ICARAI?

ICARAI is located in BLACKFORD, in the CA6 postcode district. The below map shows the position of ICARAI in BLACKFORD.