4, GRAYLING WAY, WORKINGTON, CA14 3FE - £189,995

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 GRAYLING WAY is a small detached house of 98m², which could now be worth an estimated £237,425. It was last sold for £189,995 in October 2019, which was around 15% below the average October 2019 detached price in the Cumberland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

4 GRAYLING WAY Sold Prices

Land registry data shows three sales for 4 GRAYLING WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. One of the three 4 GRAYLING WAY 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 18 OCT	£189,995	£222,948	15% below HPI
2017 10 JAN	£1,820,000	£213,443	753% above HPI
2016 15 AUG	£2,000,000	£207,241	865% above HPI

4 GRAYLING WAY 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 three 4 GRAYLING WAY sales between August 2016 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 January 2017 sale was for 753% above the HPI. So the extrapolation line tracks at 753% above the HPI over time, until the October 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 4 GRAYLING WAY be worth now?

4 GRAYLING WAY might now be worth an estimated £237,425.

This is based on house price inflation of 25%, between October 2019 and February 2025, 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 25% inflationary increase is applied to the most recent sale price for 4 GRAYLING WAY of £189,995 on 18th October 2019. For the value to have increased from £189,995 to £237,425 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 GRAYLING WAY has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The October 2019 sale price of £189,995 represented a fair market value for the property.
• The size, condition, and specification of 4 GRAYLING WAY has not materially changed since October 2019.

How Large is 4 GRAYLING WAY?

4 GRAYLING WAY is 98m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses houses in Workington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Workington, and where 4 GRAYLING WAY lies on this distribution: 37% of detached houses houses are smaller than 4 GRAYLING WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Workington.

4 GRAYLING WAY: Plot and Title Map

4 GRAYLING WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 4 GRAYLING WAY, 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 GRAYLING WAY). 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 GRAYLING WAY?

4 GRAYLING WAY is located in WORKINGTON, in the CA14 postcode district. The below map shows the position of No. 4 on GRAYLING WAY.