RIDGEMOUNT, THURSTONFIELD, CARLISLE, CA5 6HL - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RIDGEMOUNT is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £260,000 in June 2024, which was around 4% below the average June 2024 detached price in the Cumberland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was B.

RIDGEMOUNT Sold Prices

Land registry data shows four sales for RIDGEMOUNT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Most of the four RIDGEMOUNT 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
2024 13 JUN	£260,000	£269,902	4% below HPI
2017 7 JUL	£183,000	£211,442	13% below HPI
2016 28 JUL	£182,000	£203,778	11% below HPI
1998 28 JUL	£80,000	£75,984	5% above HPI

RIDGEMOUNT 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 four RIDGEMOUNT sales between July 1998 and June 2024 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 July 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2024 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is RIDGEMOUNT?

RIDGEMOUNT is 89m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses in Thurstonfield, based on EPC data. The below chart shows the distribution of detached houses by size in Thurstonfield, and where RIDGEMOUNT lies on this distribution: 7% of detached houses are smaller than RIDGEMOUNT, and 93% of houses are larger. Note that EPC data is not available for all properties in Thurstonfield.

RIDGEMOUNT: Plot and Title Map

RIDGEMOUNT sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of RIDGEMOUNT, 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 RIDGEMOUNT). 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 RIDGEMOUNT?

RIDGEMOUNT is located in THURSTONFIELD, in the CA5 postcode district. The below map shows the position of RIDGEMOUNT in THURSTONFIELD.