CELTIC COTTAGE, WETHERAL, CARLISLE, CA4 8ES - £399,950

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.

CELTIC COTTAGE is a small extended detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £463,944. It was last sold for £399,950 in April 2022, which was around 62% above the average April 2022 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.

CELTIC COTTAGE Sold Prices

Land registry data shows five sales for CELTIC COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the five CELTIC COTTAGE 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
2022 22 APR	£399,950	£247,161	62% above HPI
2017 13 DEC	£395,000	£218,217	81% above HPI
2004 23 APR	£250,000	£141,463	77% above HPI
2001 14 DEC	£116,000	£88,607	31% above HPI
1996 18 OCT	£92,000	£70,234	31% above HPI

CELTIC COTTAGE 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 five CELTIC COTTAGE sales between October 1996 and April 2022 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 December 2017 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the April 2022 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might CELTIC COTTAGE be worth now?

CELTIC COTTAGE might now be worth an estimated £463,944.

This is based on house price inflation of 16%, between April 2022 and April 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 16% inflationary increase is applied to the most recent sale price for CELTIC COTTAGE of £399,950 on 22nd April 2022. For the value to have increased from £399,950 to £463,944 over the four years to April 2026, the following assumptions must hold true:

• The value of CELTIC COTTAGE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The April 2022 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of CELTIC COTTAGE has not materially changed since April 2022.

How Large is CELTIC COTTAGE?

CELTIC COTTAGE is 127m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses houses in Wetheral, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wetheral, and where CELTIC COTTAGE lies on this distribution: 36% of detached houses houses are smaller than CELTIC COTTAGE, and 61% of houses are larger. Note that EPC data is not available for all properties in Wetheral.

CELTIC COTTAGE: Plot and Title Map

CELTIC COTTAGE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of CELTIC COTTAGE, 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 CELTIC COTTAGE). 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 CELTIC COTTAGE?

CELTIC COTTAGE is located in WETHERAL, in the CA4 postcode district. The below map shows the position of CELTIC COTTAGE in WETHERAL.