PARKGATE HOUSE, FRIZINGTON ROAD, FRIZINGTON, CA26 3QY - £115,000

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

PARKGATE HOUSE is a small semi-detached house of 100m², built sometime between 1991 and 1995. It was last sold for £115,000 in May 2013, which was around 40% below the average May 2013 detached price in the Cumberland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

PARKGATE HOUSE Sold Prices

Land registry data shows two sales for PARKGATE 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 PARKGATE HOUSE sales were 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
2013 10 MAY	£115,000	£192,286	40% below HPI
1999 20 DEC	£55,000	£80,793	32% below HPI

PARKGATE 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 PARKGATE HOUSE sales from December 1999 and May 2013 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 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2013 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is PARKGATE HOUSE?

PARKGATE HOUSE is 100m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Frizington, based on EPC data. The below chart shows the distribution of detached houses by size in Frizington, and where PARKGATE HOUSE lies on this distribution: 28% of detached houses are smaller than PARKGATE HOUSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Frizington.

PARKGATE HOUSE: Plot and Title Map

PARKGATE HOUSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of PARKGATE 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 PARKGATE 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 PARKGATE HOUSE?

PARKGATE HOUSE is located on FRIZINGTON ROAD in FRIZINGTON, in the CA26 postcode district. The below map shows the position of PARKGATE HOUSE on FRIZINGTON ROAD.