8, CHESTNUT PARK, KESWICK, CA12 4LY - £278,000

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.

8 CHESTNUT PARK is a very small terraced house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £336,884. It was last sold for £278,000 in June 2021, which was around 136% above the average June 2021 terraced price in the Cumberland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

8 CHESTNUT PARK Sold Prices

Land registry data shows six sales for 8 CHESTNUT PARK since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Cumberland local authority area for the corresponding sale date. All of the six 8 CHESTNUT 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
2021 24 JUN	£278,000	£117,627	136% above HPI
2019 25 OCT	£245,000	£106,538	130% above HPI
2008 21 OCT	£285,000	£100,697	183% above HPI
2007 2 MAY	£257,000	£102,948	150% above HPI
2006 7 SEP	£245,000	£100,915	143% above HPI
1997 15 AUG	£82,000	£34,068	141% above HPI

8 CHESTNUT PARK 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 six 8 CHESTNUT PARK sales between August 1997 and June 2021 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 October 2019 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the June 2021 sale, where it rises to 136% above the HPI. The line then continues to track at 136% above the HPI.

What might 8 CHESTNUT PARK be worth now?

8 CHESTNUT PARK might now be worth an estimated £336,884.

This is based on house price inflation of 21.2%, between June 2021 and May 2026, 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 21.2% inflationary increase is applied to the most recent sale price for 8 CHESTNUT PARK of £278,000 on 24th June 2021. For the value to have increased from £278,000 to £336,884 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 8 CHESTNUT PARK has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The June 2021 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESTNUT PARK has not materially changed since June 2021.

How Large is 8 CHESTNUT PARK?

8 CHESTNUT PARK is 61m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% of terraced houses houses in Keswick, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Keswick, and where 8 CHESTNUT PARK lies on this distribution: 7% of terraced houses houses are smaller than 8 CHESTNUT PARK, and 93% of houses are larger. Note that EPC data is not available for all properties in Keswick.

8 CHESTNUT PARK: Plot and Title Map

8 CHESTNUT PARK sits on a plot of roughly 1.0 acres, or 4,217m². The below map shows the location of 8 CHESTNUT 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 8 CHESTNUT 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 8 CHESTNUT PARK?

8 CHESTNUT PARK is located in KESWICK, in the CA12 postcode district. The below map shows the position of No. 8 on CHESTNUT PARK.