OAK HOUSE, OAKBANK, WHITEHAVEN, CA28 6HY - £229,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OAK HOUSE is a small extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £229,950 in April 2023, which was around 10% below the average April 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

OAK HOUSE Sold Prices

Land registry data shows five sales for OAK HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Most of the five OAK HOUSE 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
2023 21 APR	£229,950	£255,143	10% below HPI
2020 31 JAN	£180,000	£216,080	17% below HPI
2019 22 NOV	£195,000	£219,106	11% below HPI
2003 28 MAR	£127,000	£111,133	14% above HPI
2000 25 FEB	£86,500	£79,652	9% 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 five OAK HOUSE sales between February 2000 and April 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 January 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might OAK HOUSE be worth now?

OAK HOUSE might now be worth an estimated £252,453.

This is based on house price inflation of 9.8%, between April 2023 and December 2024, 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 9.8% inflationary increase is applied to the most recent sale price for OAK HOUSE of £229,950 on 21st April 2023. For the value to have increased from £229,950 to £252,453 over the four months to December 2024, the following assumptions must hold true:

• The value of OAK HOUSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The April 2023 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of OAK HOUSE has not materially changed since April 2023.

How Large is OAK HOUSE?

OAK HOUSE is 105m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% 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 OAK HOUSE lies on this distribution: 35% of detached houses houses are smaller than OAK HOUSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Whitehaven.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 14.9 acres, or 60,379m². 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 OAKBANK in WHITEHAVEN, in the CA28 postcode district. The below map shows the position of OAK HOUSE on OAKBANK.