BRAESIDE, GILSLAND, BRAMPTON, CA8 7BN - £170,000

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.

BRAESIDE is a very small extended detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £237,101. It was last sold for £170,000 in December 2018, which was around 35% below the average December 2018 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

BRAESIDE Sold Prices

Land registry data shows three sales for BRAESIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three BRAESIDE 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
2018 19 DEC	£170,000	£263,472	35% below HPI
2004 19 OCT	£165,000	£230,574	28% below HPI
1999 27 AUG	£60,000	£100,874	41% below HPI

BRAESIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three BRAESIDE sales between August 1999 and December 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 October 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might BRAESIDE be worth now?

BRAESIDE might now be worth an estimated £237,101.

This is based on house price inflation of 39.5%, between December 2018 and May 2026, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.5% inflationary increase is applied to the most recent sale price for BRAESIDE of £170,000 on 19th December 2018. For the value to have increased from £170,000 to £237,101 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of BRAESIDE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2018 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of BRAESIDE has not materially changed since December 2018.

How Large is BRAESIDE?

BRAESIDE is 94m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Gilsland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilsland, and where BRAESIDE lies on this distribution: 20% of detached houses houses are smaller than BRAESIDE, and 80% of houses are larger. Note that EPC data is not available for all properties in Gilsland.

BRAESIDE: Plot and Title Map

BRAESIDE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of BRAESIDE, 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 BRAESIDE). 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 BRAESIDE?

BRAESIDE is located in GILSLAND, in the CA8 postcode district. The below map shows the position of BRAESIDE in GILSLAND.