VILLA MARIE, CROSS LANE, WIGTON, CA7 9DB - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

VILLA MARIE is a small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £223,612. It was last sold for £210,000 in August 2022, which was around 20% below the average August 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

VILLA MARIE Sold Prices

Land registry data shows two sales for VILLA MARIE 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 VILLA MARIE 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
2022 2 AUG	£210,000	£261,645	20% below HPI
2016 21 OCT	£155,000	£211,285	27% below HPI

VILLA MARIE 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 VILLA MARIE sales from October 2016 and August 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 October 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might VILLA MARIE be worth now?

VILLA MARIE might now be worth an estimated £223,612.

This is based on house price inflation of 6.5%, between August 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 6.5% inflationary increase is applied to the most recent sale price for VILLA MARIE of £210,000 on 2nd August 2022. For the value to have increased from £210,000 to £223,612 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of VILLA MARIE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The August 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of VILLA MARIE has not materially changed since August 2022.

How Large is VILLA MARIE?

VILLA MARIE is 88m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigton, and where VILLA MARIE lies on this distribution: 22% of detached houses houses are smaller than VILLA MARIE, and 77% of houses are larger. Note that EPC data is not available for all properties in Wigton.

VILLA MARIE: Plot and Title Map

VILLA MARIE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of VILLA MARIE, 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 VILLA MARIE). 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 VILLA MARIE?

VILLA MARIE is located on CROSS LANE in WIGTON, in the CA7 postcode district. The below map shows the position of VILLA MARIE on CROSS LANE.