4, CRAIKA CLOSE, DEARHAM, MARYPORT, CA15 7EA - £250,000

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.

4 CRAIKA CLOSE is a large detached house of 145m², built in 2015, which could now be worth an estimated £271,247. It was last sold for £250,000 in November 2023, which was around 5% below the average November 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

4 CRAIKA CLOSE Sold Prices

Land registry data shows two sales for 4 CRAIKA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Both of the two 4 CRAIKA CLOSE 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
2023 28 NOV	£250,000	£264,250	5% below HPI
2018 17 AUG	£217,000	£224,653	3% below HPI

4 CRAIKA CLOSE 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 two 4 CRAIKA CLOSE sales from August 2018 and November 2023 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 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 CRAIKA CLOSE be worth now?

4 CRAIKA CLOSE might now be worth an estimated £271,247.

This is based on house price inflation of 8.5%, between November 2023 and April 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 8.5% inflationary increase is applied to the most recent sale price for 4 CRAIKA CLOSE of £250,000 on 28th November 2023. For the value to have increased from £250,000 to £271,247 over the three years and seven months to April 2026, the following assumptions must hold true:

• The value of 4 CRAIKA CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The November 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CRAIKA CLOSE has not materially changed since November 2023.

How Large is 4 CRAIKA CLOSE?

4 CRAIKA CLOSE is 145m² according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses houses in Dearham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dearham, and where 4 CRAIKA CLOSE lies on this distribution: 70% of detached houses houses are smaller than 4 CRAIKA CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Dearham.

4 CRAIKA CLOSE: Plot and Title Map

4 CRAIKA CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 4 CRAIKA CLOSE, 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 4 CRAIKA CLOSE). 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 4 CRAIKA CLOSE?

4 CRAIKA CLOSE is located in DEARHAM, in the CA15 postcode district. The below map shows the position of No. 4 on CRAIKA CLOSE.