23, DERWENT ROAD, WORKINGTON, CA14 3TT - £105,000

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.

23 DERWENT ROAD is a large extended terraced house of 132m², built sometime before 1900, which could now be worth an estimated £140,484. It was last sold for £105,000 in October 2019, which was around 1% below the average October 2019 terraced price in the Cumberland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

23 DERWENT ROAD Sold Prices

Land registry data shows three sales for 23 DERWENT ROAD 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. One of the three 23 DERWENT ROAD sales was for below the average price, whilst two 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
2019 4 OCT	£105,000	£106,538	1% below HPI
2016 22 JUL	£103,500	£99,739	4% above HPI
2013 26 JUL	£100,000	£96,207	4% above HPI

23 DERWENT ROAD 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 23 DERWENT ROAD sales between July 2013 and October 2019 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 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 23 DERWENT ROAD be worth now?

23 DERWENT ROAD might now be worth an estimated £140,484.

This is based on house price inflation of 33.8%, between October 2019 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 33.8% inflationary increase is applied to the most recent sale price for 23 DERWENT ROAD of £105,000 on 4th October 2019. For the value to have increased from £105,000 to £140,484 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 23 DERWENT ROAD has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The October 2019 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 23 DERWENT ROAD has not materially changed since October 2019.

How Large is 23 DERWENT ROAD?

23 DERWENT ROAD is 132m², which includes three extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 30% of terraced houses houses in Workington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Workington, and where 23 DERWENT ROAD lies on this distribution: 78% of terraced houses houses are smaller than 23 DERWENT ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Workington.

23 DERWENT ROAD: Plot and Title Map

23 DERWENT ROAD sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of 23 DERWENT 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 23 DERWENT 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 23 DERWENT ROAD?

23 DERWENT ROAD is located in WORKINGTON, in the CA14 postcode district. The below map shows the position of No. 23 on DERWENT ROAD.