61, NEWLANDS PARK, DEARHAM, MARYPORT, CA15 7ED - £155,500

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.

61 NEWLANDS PARK is a very small extended semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £206,523. It was last sold for £155,500 in October 2018, which was around 15% above the average October 2018 semi-detached price in the Cumberland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

61 NEWLANDS PARK Sold Prices

Land registry data shows three sales for 61 NEWLANDS PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cumberland local authority area for the corresponding sale date. All of the three 61 NEWLANDS PARK sales 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
2018 30 OCT	£155,500	£135,486	15% above HPI
2011 24 JUN	£138,000	£121,193	14% above HPI
1998 11 DEC	£60,000	£43,646	37% above HPI

61 NEWLANDS PARK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cumberland local authority area over time, sourced from the HPI. The three 61 NEWLANDS PARK sales between December 1998 and October 2018 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 June 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 61 NEWLANDS PARK be worth now?

61 NEWLANDS PARK might now be worth an estimated £206,523.

This is based on house price inflation of 32.8%, between October 2018 and May 2026, for semi-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 32.8% inflationary increase is applied to the most recent sale price for 61 NEWLANDS PARK of £155,500 on 30th October 2018. For the value to have increased from £155,500 to £206,523 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 61 NEWLANDS PARK has moved in line with the HPI for semi-detached houses in the Cumberland local authority area.
• The October 2018 sale price of £155,500 represented a fair market value for the property.
• The size, condition, and specification of 61 NEWLANDS PARK has not materially changed since October 2018.

How Large is 61 NEWLANDS PARK?

61 NEWLANDS PARK is 74m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of semi-detached houses houses in Dearham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Dearham, and where 61 NEWLANDS PARK lies on this distribution: 7% of semi-detached houses houses are smaller than 61 NEWLANDS PARK, and 93% of houses are larger. Note that EPC data is not available for all properties in Dearham.

61 NEWLANDS PARK: Plot and Title Map

61 NEWLANDS PARK sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 61 NEWLANDS PARK, 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 61 NEWLANDS PARK). 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 61 NEWLANDS PARK?

61 NEWLANDS PARK is located in DEARHAM, in the CA15 postcode district. The below map shows the position of No. 61 on NEWLANDS PARK.