43, SCOTBY CLOSE, CARLISLE, CA1 2XG - £85,500

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.

43 SCOTBY CLOSE is a very small terraced house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £109,151. It was last sold for £85,500 in October 2020, which was around 20% below the average October 2020 terraced price in the Cumberland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

43 SCOTBY CLOSE Sold Prices

Land registry data shows five sales for 43 SCOTBY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Cumberland local authority area for the corresponding sale date. All of the five 43 SCOTBY 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
2020 8 OCT	£85,500	£106,406	20% below HPI
2018 24 APR	£83,500	£103,784	20% below HPI
2005 26 AUG	£83,500	£89,176	6% below HPI
2002 31 OCT	£42,000	£45,618	8% below HPI
2000 14 APR	£29,500	£35,746	17% below HPI

43 SCOTBY CLOSE 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 five 43 SCOTBY CLOSE sales between April 2000 and October 2020 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 April 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2020 sale, which was also at 20% below the HPI.

What might 43 SCOTBY CLOSE be worth now?

43 SCOTBY CLOSE might now be worth an estimated £109,151.

This is based on house price inflation of 27.7%, between October 2020 and July 2025, 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 27.7% inflationary increase is applied to the most recent sale price for 43 SCOTBY CLOSE of £85,500 on 8th October 2020. For the value to have increased from £85,500 to £109,151 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of 43 SCOTBY CLOSE has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The October 2020 sale price of £85,500 represented a fair market value for the property.
• The size, condition, and specification of 43 SCOTBY CLOSE has not materially changed since October 2020.

How Large is 43 SCOTBY CLOSE?

43 SCOTBY CLOSE is 57m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of terraced houses houses in Carlisle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Carlisle, and where 43 SCOTBY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 43 SCOTBY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Carlisle.

43 SCOTBY CLOSE: Plot and Title Map

43 SCOTBY CLOSE sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 43 SCOTBY 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 43 SCOTBY 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 43 SCOTBY CLOSE?

43 SCOTBY CLOSE is located in CARLISLE, in the CA1 postcode district. The below map shows the position of No. 43 on SCOTBY CLOSE.