NEMARE, HARRAS ROAD, HARRAS MOOR, WHITEHAVEN, CA28 6SG - £290,000

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.

NEMARE is a large extended detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £368,781. It was last sold for £290,000 in July 2020, which was around 32% above the average July 2020 detached price in the Cumberland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

NEMARE Sold Prices

Land registry data shows two sales for NEMARE 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 NEMARE 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
2020 24 JUL	£290,000	£219,087	32% above HPI
2016 19 AUG	£300,000	£207,241	45% above HPI

NEMARE 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 NEMARE sales from August 2016 and July 2020 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 August 2016 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might NEMARE be worth now?

NEMARE might now be worth an estimated £368,781.

This is based on house price inflation of 27.2%, between July 2020 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 27.2% inflationary increase is applied to the most recent sale price for NEMARE of £290,000 on 24th July 2020. For the value to have increased from £290,000 to £368,781 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of NEMARE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The July 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of NEMARE has not materially changed since July 2020.

How Large is NEMARE?

NEMARE is 141m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses houses in Whitehaven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitehaven, and where NEMARE lies on this distribution: 76% of detached houses houses are smaller than NEMARE, and 24% of houses are larger. Note that EPC data is not available for all properties in Whitehaven.

NEMARE: Plot and Title Map

NEMARE sits on a plot of roughly 0.281 of an acre, or 1,139m². The below map shows the location of NEMARE, 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 NEMARE). 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 NEMARE?

NEMARE is located on HARRAS ROAD in HARRAS MOOR, in the CA28 postcode district. The below map shows the position of NEMARE on HARRAS ROAD.