OAK HOUSE, LANGLEY GARDENS, CORBY HILL, CARLISLE, CA4 8PS - £178,500

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

OAK HOUSE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £178,500 in June 2016, which was around 11% below the average June 2016 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

OAK HOUSE Sold Prices

Land registry data shows three sales for OAK HOUSE 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. One of the three OAK HOUSE sales was for below the average price, whilst two 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
2016 17 JUN	£178,500	£200,309	11% below HPI
2001 22 OCT	£97,000	£90,474	7% above HPI
1997 8 AUG	£80,000	£76,003	5% above HPI

OAK HOUSE 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 OAK HOUSE sales between August 1997 and June 2016 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 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 92m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Warwick Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Warwick Bridge, and where OAK HOUSE lies on this distribution: 26% of detached houses are smaller than OAK HOUSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Warwick Bridge.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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 OAK HOUSE?

OAK HOUSE is located on LANGLEY GARDENS in CORBY HILL, in the CA4 postcode district. The below map shows the position of OAK HOUSE on LANGLEY GARDENS.