TWEEDWAYS, TWEED MILL LANE, COCKERMOUTH, CA13 9DE - £305,000

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.

TWEEDWAYS is a small detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £392,534. It was last sold for £305,000 in January 2019, which was around 41% above the average January 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

TWEEDWAYS Sold Prices

Land registry data shows three sales for TWEEDWAYS 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 TWEEDWAYS 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
2019 11 JAN	£305,000	£216,542	41% above HPI
2011 3 MAY	£249,950	£193,632	29% above HPI
1996 8 MAR	£85,000	£65,646	29% above HPI

TWEEDWAYS 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 TWEEDWAYS sales between March 1996 and January 2019 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 May 2011 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2019 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might TWEEDWAYS be worth now?

TWEEDWAYS might now be worth an estimated £392,534.

This is based on house price inflation of 28.7%, between January 2019 and March 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 28.7% inflationary increase is applied to the most recent sale price for TWEEDWAYS of £305,000 on 11th January 2019. For the value to have increased from £305,000 to £392,534 over the five years and ten months to March 2025, the following assumptions must hold true:

• The value of TWEEDWAYS has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The January 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of TWEEDWAYS has not materially changed since January 2019.

How Large is TWEEDWAYS?

TWEEDWAYS is 107m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses houses in Cockermouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cockermouth, and where TWEEDWAYS lies on this distribution: 39% of detached houses houses are smaller than TWEEDWAYS, and 61% of houses are larger. Note that EPC data is not available for all properties in Cockermouth.

TWEEDWAYS: Plot and Title Map

TWEEDWAYS sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of TWEEDWAYS, 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 TWEEDWAYS). 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 TWEEDWAYS?

TWEEDWAYS is located on TWEED MILL LANE in COCKERMOUTH, in the CA13 postcode district. The below map shows the position of TWEEDWAYS on TWEED MILL LANE.