THE SPINNEY, BRAITHWAITE, KESWICK, CA12 5ST - £360,000

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 SPINNEY is a small detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £476,253. It was last sold for £360,000 in March 2016, which was around 71% above the average March 2016 detached price in the Cumberland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

THE SPINNEY Sold Prices

Land registry data shows two sales for THE SPINNEY 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 THE SPINNEY 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
2016 29 MAR	£360,000	£210,597	71% above HPI
2004 1 MAR	£215,000	£139,598	54% above HPI

THE SPINNEY 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 SPINNEY sales from March 2004 and March 2016 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 March 2004 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2016 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might THE SPINNEY be worth now?

THE SPINNEY might now be worth an estimated £476,253.

This is based on house price inflation of 32.3%, between March 2016 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 32.3% inflationary increase is applied to the most recent sale price for THE SPINNEY of £360,000 on 29th March 2016. For the value to have increased from £360,000 to £476,253 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of THE SPINNEY has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The March 2016 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of THE SPINNEY has not materially changed since March 2016.

How Large is THE SPINNEY?

THE SPINNEY is 108m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses houses in Braithwaite, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braithwaite, and where THE SPINNEY lies on this distribution: 31% of detached houses houses are smaller than THE SPINNEY, and 69% of houses are larger. Note that EPC data is not available for all properties in Braithwaite.

THE SPINNEY: Plot and Title Map

THE SPINNEY sits on a plot of roughly 4.4 acres, or 17,617m². The below map shows the location of THE SPINNEY, 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 SPINNEY). 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 SPINNEY?

THE SPINNEY is located in BRAITHWAITE, in the CA12 postcode district. The below map shows the position of THE SPINNEY in BRAITHWAITE.