OAK TREE COTTAGE, WETHERAL, CARLISLE, CA4 8JD - £400,000

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

OAK TREE COTTAGE is a midsized extended detached house of 131m², built sometime before 1900. It was last sold for £400,000 in April 2022, which was around 62% above the average April 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

OAK TREE COTTAGE Sold Prices

Land registry data shows three sales for OAK TREE COTTAGE 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. Two of the three OAK TREE COTTAGE sales were for above the average price, whilst one was 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
2022 4 APR	£400,000	£247,162	62% above HPI
2006 1 DEC	£246,000	£199,915	23% above HPI
2003 4 SEP	£25,251	£126,626	80% below HPI

OAK TREE COTTAGE 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 TREE COTTAGE sales between September 2003 and April 2022 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 December 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2022 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is OAK TREE COTTAGE?

OAK TREE COTTAGE is 131m², which includes two extensions, according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% of detached houses in Wetheral, based on EPC data. The below chart shows the distribution of detached houses by size in Wetheral, and where OAK TREE COTTAGE lies on this distribution: 41% of detached houses are smaller than OAK TREE COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Wetheral.

OAK TREE COTTAGE: Plot and Title Map

OAK TREE COTTAGE sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of OAK TREE COTTAGE, 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 TREE COTTAGE). 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 TREE COTTAGE?

OAK TREE COTTAGE is located in WETHERAL, in the CA4 postcode district. The below map shows the position of OAK TREE COTTAGE in WETHERAL.