OAKLANDS, STATION HILL, WIGTON, CA7 9BN - £407,000

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

OAKLANDS is a very large detached house of 269m², built sometime before 1900. It was last sold for £407,000 in August 2024, which was around 46% above the average August 2024 detached price in the Cumberland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS 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 OAKLANDS 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
2024 9 AUG	£407,000	£278,223	46% above HPI
2007 23 AUG	£250,000	£211,868	18% above HPI
2000 27 APR	£94,000	£81,055	16% above HPI

OAKLANDS 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 OAKLANDS sales between April 2000 and August 2024 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 August 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2024 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is OAKLANDS?

OAKLANDS is 269m² according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses by size in Wigton, and where OAKLANDS lies on this distribution: 99% of detached houses are smaller than OAKLANDS, and 1% of houses are larger. Note that EPC data is not available for all properties in Wigton.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on STATION HILL in WIGTON, in the CA7 postcode district. The below map shows the position of OAKLANDS on STATION HILL.