THE PIGGERY, PAPCASTLE, COCKERMOUTH, CA13 0JN - £212,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE PIGGERY is a small extended detached house of 126m², built sometime before 1900, which could now be worth an estimated £238,170. It was last sold for £212,000 in March 2022, which was around 15% below the average March 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was B.

THE PIGGERY Sold Prices

Land registry data shows two sales for THE PIGGERY 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. One of the two THE PIGGERY sales was for below the average price, whilst the other was 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 28 MAR	£212,000	£247,991	15% below HPI
2009 20 JUN	£200,000	£186,445	7% above HPI

THE PIGGERY 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 THE PIGGERY sales from June 2009 and March 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 June 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might THE PIGGERY be worth now?

THE PIGGERY might now be worth an estimated £238,170.

This is based on house price inflation of 12.3%, between March 2022 and February 2025, for detached houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.3% inflationary increase is applied to the most recent sale price for THE PIGGERY of £212,000 on 28th March 2022. For the value to have increased from £212,000 to £238,170 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of THE PIGGERY has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The March 2022 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of THE PIGGERY has not materially changed since March 2022.

How Large is THE PIGGERY?

THE PIGGERY is 126m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses houses in Papcastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Papcastle, and where THE PIGGERY lies on this distribution: 33% of detached houses houses are smaller than THE PIGGERY, and 67% of houses are larger. Note that EPC data is not available for all properties in Papcastle.

THE PIGGERY: Plot and Title Map

THE PIGGERY sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of THE PIGGERY, 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 PIGGERY). 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 PIGGERY?

THE PIGGERY is located in PAPCASTLE, in the CA13 postcode district. The below map shows the position of THE PIGGERY in PAPCASTLE.