1, SPEDDING CLOSE, EGREMONT, CA22 2DA - £140,000

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.

1 SPEDDING CLOSE is a midsized semi-detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £211,211. It was last sold for £140,000 in May 2010, which was around 18% above the average May 2010 semi-detached price in the Cumberland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

1 SPEDDING CLOSE Sold Prices

Land registry data shows two sales for 1 SPEDDING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cumberland local authority area for the corresponding sale date. One of the two 1 SPEDDING CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2010 28 MAY	£140,000	£118,950	18% above HPI
2006 24 JUL	£119,000	£119,441	Close to HPI

1 SPEDDING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cumberland local authority area over time, sourced from the HPI. The two 1 SPEDDING CLOSE sales from July 2006 and May 2010 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 July 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2010 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 1 SPEDDING CLOSE be worth now?

1 SPEDDING CLOSE might now be worth an estimated £211,211.

This is based on house price inflation of 50.9%, between May 2010 and April 2026, for semi-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 50.9% inflationary increase is applied to the most recent sale price for 1 SPEDDING CLOSE of £140,000 on 28th May 2010. For the value to have increased from £140,000 to £211,211 over the sixteen years and one month to April 2026, the following assumptions must hold true:

• The value of 1 SPEDDING CLOSE has moved in line with the HPI for semi-detached houses in the Cumberland local authority area.
• The May 2010 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPEDDING CLOSE has not materially changed since May 2010.

How Large is 1 SPEDDING CLOSE?

1 SPEDDING CLOSE is 98m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of semi-detached houses houses in Egremont, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Egremont, and where 1 SPEDDING CLOSE lies on this distribution: 51% of semi-detached houses houses are smaller than 1 SPEDDING CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Egremont.

1 SPEDDING CLOSE: Plot and Title Map

1 SPEDDING CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 1 SPEDDING CLOSE, 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 1 SPEDDING CLOSE). 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 1 SPEDDING CLOSE?

1 SPEDDING CLOSE is located in EGREMONT, in the CA22 postcode district. The below map shows the position of No. 1 on SPEDDING CLOSE.