PARK HOUSE COTTAGE, SPRINGFIELD ROAD, BIGRIGG, EGREMONT, CA22 2TL - £365,000

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.

PARK HOUSE COTTAGE is a very large extended detached house of 129m², built sometime before 1900, which could now be worth an estimated £426,350. It was last sold for £365,000 in October 2021, which was around 53% above the average October 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was F, and the potential energy rating was D.

PARK HOUSE COTTAGE Sold Prices

Land registry data shows two sales for PARK HOUSE COTTAGE 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. One of the two PARK HOUSE COTTAGE sales was for above the average price, whilst the other 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
2021 25 OCT	£365,000	£238,514	53% above HPI
2009 4 DEC	£200,000	£201,045	1% below HPI

PARK HOUSE 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 two PARK HOUSE COTTAGE sales from December 2009 and October 2021 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 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might PARK HOUSE COTTAGE be worth now?

PARK HOUSE COTTAGE might now be worth an estimated £426,350.

This is based on house price inflation of 16.8%, between October 2021 and February 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 16.8% inflationary increase is applied to the most recent sale price for PARK HOUSE COTTAGE of £365,000 on 25th October 2021. For the value to have increased from £365,000 to £426,350 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of PARK HOUSE COTTAGE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The October 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of PARK HOUSE COTTAGE has not materially changed since October 2021.

How Large is PARK HOUSE COTTAGE?

PARK HOUSE COTTAGE is 129m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses houses in Bigrigg, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bigrigg, and where PARK HOUSE COTTAGE lies on this distribution: 93% of detached houses houses are smaller than PARK HOUSE COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bigrigg.

PARK HOUSE COTTAGE: Plot and Title Map

PARK HOUSE COTTAGE sits on a plot of roughly 0.230 of an acre, or 931m². The below map shows the location of PARK HOUSE 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 PARK HOUSE 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 PARK HOUSE COTTAGE?

PARK HOUSE COTTAGE is located on SPRINGFIELD ROAD in BIGRIGG, in the CA22 postcode district. The below map shows the position of PARK HOUSE COTTAGE on SPRINGFIELD ROAD.