RED GABLE, THURSBY, CARLISLE, CA5 6PJ - £163,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RED GABLE is a midsized detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £375,471. It was last sold for £163,500 in June 2003, which was around 35% above the average June 2003 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

RED GABLE Sold Prices

Land registry data shows two sales for RED GABLE 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 RED GABLE 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
2003 27 JUN	£163,500	£121,319	35% above HPI
1999 26 FEB	£98,000	£76,226	29% above HPI

RED GABLE 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 RED GABLE sales from February 1999 and June 2003 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 February 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2003 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might RED GABLE be worth now?

RED GABLE might now be worth an estimated £375,471.

This is based on house price inflation of 129.6%, between June 2003 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 129.6% inflationary increase is applied to the most recent sale price for RED GABLE of £163,500 on 27th June 2003. For the value to have increased from £163,500 to £375,471 over the 22 years and four months to February 2025, the following assumptions must hold true:

• The value of RED GABLE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The June 2003 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of RED GABLE has not materially changed since June 2003.

How Large is RED GABLE?

RED GABLE is 115m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses houses in Thursby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thursby, and where RED GABLE lies on this distribution: 49% of detached houses houses are smaller than RED GABLE, and 48% of houses are larger. Note that EPC data is not available for all properties in Thursby.

RED GABLE: Plot and Title Map

RED GABLE sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of RED GABLE, 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 RED GABLE). 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 RED GABLE?

RED GABLE is located in THURSBY, in the CA5 postcode district. The below map shows the position of RED GABLE in THURSBY.