PAPCASTLE HOUSE, PAPCASTLE, COCKERMOUTH, CA13 0LB - £555,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PAPCASTLE HOUSE is a very large detached house of 267m², built sometime before 1900, which could now be worth an estimated £709,162. It was last sold for £555,000 in December 2018, which was around 154% above the average December 2018 detached price in the Cumberland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

PAPCASTLE HOUSE Sold Prices

Land registry data shows two sales for PAPCASTLE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Both of the two PAPCASTLE HOUSE 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
2018 19 DEC	£555,000	£218,106	154% above HPI
2005 1 DEC	£435,000	£184,361	136% above HPI

PAPCASTLE 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 two PAPCASTLE HOUSE sales from December 2005 and December 2018 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 2005 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the December 2018 sale, where it rises to 154% above the HPI. The line then continues to track at 154% above the HPI.

What might PAPCASTLE HOUSE be worth now?

PAPCASTLE HOUSE might now be worth an estimated £709,162.

This is based on house price inflation of 27.8%, between December 2018 and March 2025, 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 27.8% inflationary increase is applied to the most recent sale price for PAPCASTLE HOUSE of £555,000 on 19th December 2018. For the value to have increased from £555,000 to £709,162 over the seven years and nine months to March 2025, the following assumptions must hold true:

• The value of PAPCASTLE HOUSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The December 2018 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of PAPCASTLE HOUSE has not materially changed since December 2018.

How Large is PAPCASTLE HOUSE?

PAPCASTLE HOUSE is 267m² according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses houses in Papcastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Papcastle, and where PAPCASTLE HOUSE lies on this distribution: 95% of detached houses houses are smaller than PAPCASTLE HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Papcastle.

PAPCASTLE HOUSE: Plot and Title Map

PAPCASTLE HOUSE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of PAPCASTLE 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 PAPCASTLE 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 PAPCASTLE HOUSE?

PAPCASTLE HOUSE is located in PAPCASTLE, in the CA13 postcode district. The below map shows the position of PAPCASTLE HOUSE in PAPCASTLE.