OAKBANK, CURTHWAITE ROAD, THURSBY, CARLISLE, CA5 6PT - £280,000

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

OAKBANK is a large extended detached house of 153m², built sometime before 1900. It was last sold for £280,000 in November 2017, which was around 28% above the average November 2017 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

OAKBANK Sold Prices

Land registry data shows five sales for OAKBANK 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. All of the five OAKBANK 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 3 NOV	£280,000	£218,787	28% above HPI
2013 10 JUL	£255,000	£194,278	31% above HPI
2004 1 NOV	£245,000	£167,959	46% above HPI
2001 28 SEP	£135,000	£88,367	53% above HPI
1998 3 SEP	£121,000	£79,533	52% above HPI

OAKBANK 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 OAKBANK sales between September 1998 and November 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 July 2013 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the November 2017 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is OAKBANK?

OAKBANK is 153m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Thursby, based on EPC data. The below chart shows the distribution of detached houses by size in Thursby, and where OAKBANK lies on this distribution: 77% of detached houses are smaller than OAKBANK, and 23% of houses are larger. Note that EPC data is not available for all properties in Thursby.

OAKBANK: Plot and Title Map

OAKBANK sits on a plot of roughly 0.192 of an acre, or 779m². The below map shows the location of OAKBANK, 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 OAKBANK). 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 OAKBANK?

OAKBANK is located on CURTHWAITE ROAD in THURSBY, in the CA5 postcode district. The below map shows the position of OAKBANK on CURTHWAITE ROAD.