77, NEWLANDS PARK, DEARHAM, MARYPORT, CA15 7ED - £153,500

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.

77 NEWLANDS PARK is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £201,732. It was last sold for £153,500 in May 2020, which was around 30% below the average May 2020 detached price in the Cumberland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

77 NEWLANDS PARK Sold Prices

Land registry data shows four sales for 77 NEWLANDS PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the four 77 NEWLANDS PARK 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 6 MAY	£153,500	£219,931	30% below HPI
2017 10 JAN	£150,000	£213,443	30% below HPI
1996 12 JUL	£47,000	£68,633	32% below HPI
1996 7 JUN	£45,000	£69,386	35% below HPI

77 NEWLANDS PARK 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 four 77 NEWLANDS PARK sales between June 1996 and May 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 January 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2020 sale, which was also at 30% below the HPI.

What might 77 NEWLANDS PARK be worth now?

77 NEWLANDS PARK might now be worth an estimated £201,732.

This is based on house price inflation of 31.4%, between May 2020 and May 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 31.4% inflationary increase is applied to the most recent sale price for 77 NEWLANDS PARK of £153,500 on 6th May 2020. For the value to have increased from £153,500 to £201,732 over the six years to May 2026, the following assumptions must hold true:

• The value of 77 NEWLANDS PARK has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The May 2020 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of 77 NEWLANDS PARK has not materially changed since May 2020.

How Large is 77 NEWLANDS PARK?

77 NEWLANDS PARK is 68m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% 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 77 NEWLANDS PARK lies on this distribution: 1% of detached houses houses are smaller than 77 NEWLANDS PARK, and 98% of houses are larger. Note that EPC data is not available for all properties in Dearham.

77 NEWLANDS PARK: Plot and Title Map

77 NEWLANDS PARK sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 77 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 77 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 77 NEWLANDS PARK?

77 NEWLANDS PARK is located in DEARHAM, in the CA15 postcode district. The below map shows the position of No. 77 on NEWLANDS PARK.