THE OLD FORGE, CUMWHINTON, CARLISLE, CA4 8DH - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE OLD FORGE is a midsized extended detached house of 128m², built sometime before 1900. It was last sold for £325,000 in March 2023, which was around 26% above the average March 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

THE OLD FORGE Sold Prices

Land registry data shows three sales for THE OLD FORGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the three THE OLD FORGE 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
2023 20 MAR	£325,000	£257,206	26% above HPI
2012 23 OCT	£249,950	£192,396	30% above HPI
2009 30 JUN	£225,000	£186,446	21% above HPI

THE OLD FORGE 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 three THE OLD FORGE sales between June 2009 and March 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 October 2012 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the March 2023 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is THE OLD FORGE?

THE OLD FORGE is 128m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Cumwhinton, based on EPC data. The below chart shows the distribution of detached houses by size in Cumwhinton, and where THE OLD FORGE lies on this distribution: 51% of detached houses are smaller than THE OLD FORGE, and 49% of houses are larger. Note that EPC data is not available for all properties in Cumwhinton.

THE OLD FORGE: Plot and Title Map

THE OLD FORGE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of THE OLD FORGE, 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 THE OLD FORGE). 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 THE OLD FORGE?

THE OLD FORGE is located in CUMWHINTON, in the CA4 postcode district. The below map shows the position of THE OLD FORGE in CUMWHINTON.