RIVERSIDE, GILSLAND, BRAMPTON, CA8 7BS - £240,000

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

RIVERSIDE is a large extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £240,000 in May 2023, which was around 5% below the average May 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

RIVERSIDE Sold Prices

Land registry data shows four sales for RIVERSIDE 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. two of the four RIVERSIDE sales were for below the average price, and four 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
2023 19 MAY	£240,000	£253,282	5% below HPI
2019 15 FEB	£240,000	£218,044	10% above HPI
2001 19 OCT	£77,000	£90,474	15% below HPI
1997 18 AUG	£80,000	£76,003	5% above HPI

RIVERSIDE 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 RIVERSIDE sales between August 1997 and May 2023 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 2019 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is RIVERSIDE?

RIVERSIDE is 121m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of detached houses in Gilsland, based on EPC data. The below chart shows the distribution of detached houses by size in Gilsland, and where RIVERSIDE lies on this distribution: 62% of detached houses are smaller than RIVERSIDE, and 38% of houses are larger. Note that EPC data is not available for all properties in Gilsland.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.284 of an acre, or 1,149m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

RIVERSIDE is located in GILSLAND, in the CA8 postcode district. The below map shows the position of RIVERSIDE in GILSLAND.