MEADOW BANK, PARK STREET, FRIZINGTON, CA26 3RB - £320,000

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

MEADOW BANK is a very large extended detached house of 198m², built sometime between 1996 and 2002. It was last sold for £320,000 in November 2023, which was around 21% above the average November 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

MEADOW BANK Sold Prices

Land registry data shows two sales for MEADOW 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 MEADOW 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
2023 27 NOV	£320,000	£263,420	21% above HPI
2006 23 OCT	£280,000	£202,016	39% above HPI

MEADOW 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 MEADOW BANK sales from October 2006 and November 2023 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 2006 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2023 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is MEADOW BANK?

MEADOW BANK is 198m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Frizington, based on EPC data. The below chart shows the distribution of detached houses by size in Frizington, and where MEADOW BANK lies on this distribution: 95% of detached houses are smaller than MEADOW BANK, and 5% of houses are larger. Note that EPC data is not available for all properties in Frizington.

MEADOW BANK: Plot and Title Map

MEADOW BANK sits on a plot of roughly 0.184 of an acre, or 743m². The below map shows the location of MEADOW 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 MEADOW 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 MEADOW BANK?

MEADOW BANK is located on PARK STREET in FRIZINGTON, in the CA26 postcode district. The below map shows the position of MEADOW BANK on PARK STREET.