HOLLY COTTAGE, WETHERAL, CARLISLE, CA4 8HD - £477,500

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.

HOLLY COTTAGE is a large extended detached house of 194m², built sometime before 1900, which could now be worth an estimated £631,655. It was last sold for £477,500 in June 2018, which was around 120% above the average June 2018 detached price in the Cumberland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

HOLLY COTTAGE Sold Prices

Land registry data shows three sales for HOLLY COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the three HOLLY 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
2018 4 JUN	£477,500	£216,737	120% above HPI
2013 24 APR	£360,000	£193,299	86% above HPI
2000 9 OCT	£140,000	£85,458	64% above HPI

HOLLY 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 three HOLLY COTTAGE sales between October 2000 and June 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 April 2013 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the June 2018 sale, where it rises to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £631,655.

This is based on house price inflation of 32.3%, between June 2018 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 32.3% inflationary increase is applied to the most recent sale price for HOLLY COTTAGE of £477,500 on 4th June 2018. For the value to have increased from £477,500 to £631,655 over the eight years and two months to April 2026, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The June 2018 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since June 2018.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 194m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 30% 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 HOLLY COTTAGE lies on this distribution: 74% of detached houses houses are smaller than HOLLY COTTAGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wetheral.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY COTTAGE?

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