SMITHY COTTAGE, HIGH HESKET, CARLISLE, CA4 0HS - £220,000

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

SMITHY COTTAGE is a very small detached house of 76m², built sometime before 1900. It was last sold for £220,000 in July 2023, which was around 40% below the average July 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2022, where the current energy rating was E, and the potential energy rating was B.

SMITHY COTTAGE Sold Prices

Land registry data shows three sales for SMITHY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three SMITHY COTTAGE 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
2023 26 JUL	£220,000	£366,245	40% below HPI
2022 7 JAN	£130,000	£344,177	62% below HPI
1997 9 JUN	£59,500	£86,657	31% below HPI

SMITHY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The three SMITHY COTTAGE sales between June 1997 and July 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 January 2022 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the July 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is SMITHY COTTAGE?

SMITHY COTTAGE is 76m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in High Hesket, based on EPC data. The below chart shows the distribution of detached houses by size in High Hesket, and where SMITHY COTTAGE lies on this distribution: 11% of detached houses are smaller than SMITHY COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in High Hesket.

SMITHY COTTAGE: Plot and Title Map

SMITHY COTTAGE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of SMITHY 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 SMITHY 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 SMITHY COTTAGE?

SMITHY COTTAGE is located in HIGH HESKET, in the CA4 postcode district. The below map shows the position of SMITHY COTTAGE in HIGH HESKET.