15, TOWN HEAD, DEARHAM, MARYPORT, CA15 7JW - £67,000

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.

15 TOWN HEAD is a very small extended terraced house of 82m², built sometime before 1900, which could now be worth an estimated £97,967. It was last sold for £67,000 in May 2012, which was around 31% below the average May 2012 terraced price in the Cumberland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

15 TOWN HEAD Sold Prices

Land registry data shows three sales for 15 TOWN HEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cumberland local authority area for the corresponding sale date. All of the three 15 TOWN HEAD 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
2012 17 MAY	£67,000	£97,485	31% below HPI
1998 3 JUL	£30,000	£33,827	11% below HPI
1996 20 MAY	£28,000	£31,469	11% below HPI

15 TOWN HEAD 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 three 15 TOWN HEAD sales between May 1996 and May 2012 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 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 15 TOWN HEAD be worth now?

15 TOWN HEAD might now be worth an estimated £97,967.

This is based on house price inflation of 46.2%, between May 2012 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 46.2% inflationary increase is applied to the most recent sale price for 15 TOWN HEAD of £67,000 on 17th May 2012. For the value to have increased from £67,000 to £97,967 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 15 TOWN HEAD has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The May 2012 sale price of £67,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TOWN HEAD has not materially changed since May 2012.

How Large is 15 TOWN HEAD?

15 TOWN HEAD is 82m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% 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 15 TOWN HEAD lies on this distribution: 12% of terraced houses houses are smaller than 15 TOWN HEAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Dearham.

15 TOWN HEAD: Plot and Title Map

15 TOWN HEAD sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 15 TOWN HEAD, 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 15 TOWN HEAD). 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 15 TOWN HEAD?

15 TOWN HEAD is located in DEARHAM, in the CA15 postcode district. The below map shows the position of No. 15 on TOWN HEAD.