PERTH COTTAGE, PAPCASTLE, COCKERMOUTH, CA13 0JT - £375,000

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.

PERTH COTTAGE is a small detached house of 127m², built sometime before 1900, which could now be worth an estimated £393,097. It was last sold for £375,000 in December 2022, which was around 41% above the average December 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

PERTH COTTAGE Sold Prices

Land registry data shows two sales for PERTH 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 PERTH 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
2022 15 DEC	£375,000	£265,778	41% above HPI
2014 20 JUN	£170,000	£195,131	13% below HPI

PERTH 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 PERTH COTTAGE sales from June 2014 and December 2022 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 June 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2022 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might PERTH COTTAGE be worth now?

PERTH COTTAGE might now be worth an estimated £393,097.

This is based on house price inflation of 4.8%, between December 2022 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 4.8% inflationary increase is applied to the most recent sale price for PERTH COTTAGE of £375,000 on 15th December 2022. For the value to have increased from £375,000 to £393,097 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of PERTH COTTAGE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The December 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of PERTH COTTAGE has not materially changed since December 2022.

How Large is PERTH COTTAGE?

PERTH COTTAGE is 127m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% 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 PERTH COTTAGE lies on this distribution: 36% of detached houses houses are smaller than PERTH COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Papcastle.

PERTH COTTAGE: Plot and Title Map

PERTH COTTAGE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of PERTH 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 PERTH 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 PERTH COTTAGE?

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