SAFFRON HOUSE, WETHERAL, CARLISLE, CA4 8HL - £450,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

SAFFRON HOUSE is a very large extended detached house of 222m², built sometime between 1967 and 1975. It was last sold for £450,000 in May 2022, which was around 80% above the average May 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

SAFFRON HOUSE Sold Prices

Land registry data shows two sales for SAFFRON 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 SAFFRON HOUSE 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
2022 16 MAY	£450,000	£250,025	80% above HPI
1997 8 JAN	£140,000	£69,827	100% above HPI

SAFFRON 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 SAFFRON HOUSE sales from January 1997 and May 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 January 1997 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the May 2022 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is SAFFRON HOUSE?

SAFFRON HOUSE is 222m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% of detached houses in Wetheral, based on EPC data. The below chart shows the distribution of detached houses by size in Wetheral, and where SAFFRON HOUSE lies on this distribution: 83% of detached houses are smaller than SAFFRON HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Wetheral.

SAFFRON HOUSE: Plot and Title Map

SAFFRON HOUSE sits on a plot of roughly 0.191 of an acre, or 775m². The below map shows the location of SAFFRON 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 SAFFRON 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 SAFFRON HOUSE?

SAFFRON HOUSE is located in WETHERAL, in the CA4 postcode district. The below map shows the position of SAFFRON HOUSE in WETHERAL.