OAK LEA, THURSTONFIELD, CARLISLE, CA5 6HE - £255,000

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 LEA is a small detached house of 100m², built sometime between 1976 and 1982. It was last sold for £255,000 in August 2017, which was around 18% above the average August 2017 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

OAK LEA Sold Prices

Land registry data shows three sales for OAK LEA 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 OAK LEA 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
2017 24 AUG	£255,000	£216,287	18% above HPI
2013 5 NOV	£247,000	£190,807	29% above HPI
2000 25 APR	£85,000	£81,055	5% above HPI

OAK LEA 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 LEA sales between April 2000 and August 2017 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 November 2013 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is OAK LEA?

OAK LEA is 100m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Thurstonfield, based on EPC data. The below chart shows the distribution of detached houses by size in Thurstonfield, and where OAK LEA lies on this distribution: 22% of detached houses are smaller than OAK LEA, and 78% of houses are larger. Note that EPC data is not available for all properties in Thurstonfield.

OAK LEA: Plot and Title Map

OAK LEA sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of OAK LEA, 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 LEA). 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 LEA?

OAK LEA is located in THURSTONFIELD, in the CA5 postcode district. The below map shows the position of OAK LEA in THURSTONFIELD.