GILHOW, TOWN HEAD, DEARHAM, MARYPORT, CA15 7JW - £164,000

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.

GILHOW is a small semi-detached house of 94m², built sometime before 1900, which could now be worth an estimated £223,363. It was last sold for £164,000 in March 2019, which was around 24% above the average March 2019 semi-detached price in the Cumberland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was B.

GILHOW Sold Prices

Land registry data shows three sales for GILHOW 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. Two of the three GILHOW sales were for above the average price, whilst one was 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
2019 11 MAR	£164,000	£132,119	24% above HPI
2009 30 JUL	£120,000	£114,577	5% above HPI
1999 26 APR	£23,000	£43,461	47% below HPI

GILHOW 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 GILHOW sales between April 1999 and March 2019 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 July 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might GILHOW be worth now?

GILHOW might now be worth an estimated £223,363.

This is based on house price inflation of 36.2%, between March 2019 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 36.2% inflationary increase is applied to the most recent sale price for GILHOW of £164,000 on 11th March 2019. For the value to have increased from £164,000 to £223,363 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of GILHOW has moved in line with the HPI for semi-detached houses in the Cumberland local authority area.
• The March 2019 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of GILHOW has not materially changed since March 2019.

How Large is GILHOW?

GILHOW is 94m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% 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 GILHOW lies on this distribution: 26% of semi-detached houses houses are smaller than GILHOW, and 74% of houses are larger. Note that EPC data is not available for all properties in Dearham.

GILHOW: Plot and Title Map

GILHOW sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of GILHOW, 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 GILHOW). 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 GILHOW?

GILHOW is located on TOWN HEAD in DEARHAM, in the CA15 postcode district. The below map shows the position of GILHOW on TOWN HEAD.