2, FALCON MEWS, CARLISLE, CA1 2WE - £145,000

2 FALCON MEWS is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £145,000 in March 2012, which was around 24% below the average March 2012 detached price in the Cumberland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

2 FALCON MEWS Sold Prices

Land registry data shows four sales for 2 FALCON MEWS 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. All of the four 2 FALCON MEWS 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 23 MAR	£145,000	£190,807	24% below HPI
2006 15 MAY	£150,000	£190,099	21% below HPI
2005 5 MAY	£159,950	£172,789	7% below HPI
2001 31 AUG	£84,900	£87,813	3% below HPI

2 FALCON MEWS 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 2 FALCON MEWS sales between August 2001 and March 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 May 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2012 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 FALCON MEWS?

2 FALCON MEWS is 82m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Carlisle, based on EPC data. The below chart shows the distribution of detached houses by size in Carlisle, and where 2 FALCON MEWS lies on this distribution: 19% of detached houses are smaller than 2 FALCON MEWS, and 81% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

2 FALCON MEWS: Plot and Title Map

2 FALCON MEWS sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2 FALCON MEWS, 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 2 FALCON MEWS). 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 2 FALCON MEWS?

2 FALCON MEWS is located in CARLISLE, in the CA1 postcode district. The below map shows the position of No. 2 on FALCON MEWS.