11, PARK ROAD, WIGTON, CA7 9RA - £205,000

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.

11 PARK ROAD is a large detached house of 132m², built sometime between 1930 and 1949, which could now be worth an estimated £248,829. It was last sold for £205,000 in June 2021, which was around 14% below the average June 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

11 PARK ROAD Sold Prices

Land registry data shows four sales for 11 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Most of the four 11 PARK ROAD 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
2021 22 JUN	£205,000	£238,125	14% below HPI
2014 11 AUG	£175,000	£198,160	12% below HPI
2010 5 NOV	£135,000	£202,760	33% below HPI
2004 26 JAN	£160,000	£135,882	18% above HPI

11 PARK ROAD 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 four 11 PARK ROAD sales between January 2004 and June 2021 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 August 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 11 PARK ROAD be worth now?

11 PARK ROAD might now be worth an estimated £248,829.

This is based on house price inflation of 21.4%, between June 2021 and May 2026, 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 21.4% inflationary increase is applied to the most recent sale price for 11 PARK ROAD of £205,000 on 22nd June 2021. For the value to have increased from £205,000 to £248,829 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 11 PARK ROAD has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The June 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PARK ROAD has not materially changed since June 2021.

How Large is 11 PARK ROAD?

11 PARK ROAD is 132m² according to the EPC inspection conducted in September 2014. This puts it in the largest 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 11 PARK ROAD lies on this distribution: 76% of detached houses houses are smaller than 11 PARK ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Wigton.

11 PARK ROAD: Plot and Title Map

11 PARK ROAD sits on a plot of roughly 0.228 of an acre, or 921m². The below map shows the location of 11 PARK ROAD, 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 11 PARK ROAD). 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 11 PARK ROAD?

11 PARK ROAD is located in WIGTON, in the CA7 postcode district. The below map shows the position of No. 11 on PARK ROAD.