12, MAIN STREET, DEARHAM, MARYPORT, CA15 7HP - £107,500

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.

12 MAIN STREET is a small extended terraced house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £156,338. It was last sold for £107,500 in August 2015, which was around 10% above the average August 2015 terraced price in the Cumberland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

12 MAIN STREET Sold Prices

Land registry data shows four sales for 12 MAIN STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cumberland local authority area for the corresponding sale date. All of the four 12 MAIN STREET 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
2015 28 AUG	£107,500	£98,014	10% above HPI
2013 8 OCT	£112,000	£95,005	18% above HPI
2010 4 MAY	£111,000	£98,125	13% above HPI
2002 15 AUG	£55,000	£44,561	23% above HPI

12 MAIN STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cumberland local authority area over time, sourced from the HPI. The four 12 MAIN STREET sales between August 2002 and August 2015 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 2013 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2015 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 12 MAIN STREET be worth now?

12 MAIN STREET might now be worth an estimated £156,338.

This is based on house price inflation of 45.4%, between August 2015 and May 2026, for terraced 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 45.4% inflationary increase is applied to the most recent sale price for 12 MAIN STREET of £107,500 on 28th August 2015. For the value to have increased from £107,500 to £156,338 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 12 MAIN STREET has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The August 2015 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MAIN STREET has not materially changed since August 2015.

How Large is 12 MAIN STREET?

12 MAIN STREET is 100m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% of terraced houses houses in Dearham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dearham, and where 12 MAIN STREET lies on this distribution: 30% of terraced houses houses are smaller than 12 MAIN STREET, and 63% of houses are larger. Note that EPC data is not available for all properties in Dearham.

12 MAIN STREET: Plot and Title Map

12 MAIN STREET sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 12 MAIN STREET, 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 12 MAIN STREET). 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 12 MAIN STREET?

12 MAIN STREET is located in DEARHAM, in the CA15 postcode district. The below map shows the position of No. 12 on MAIN STREET.