MIRAMAR, RUEBERRY DRIVE, SEASCALE, CA20 1NY - £185,000

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.

MIRAMAR is a small extended semi-detached house of 87m², built sometime between 1930 and 1949, which could now be worth an estimated £243,347. It was last sold for £185,000 in March 2020, which was around 41% above the average March 2020 semi-detached price in the Cumberland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

MIRAMAR Sold Prices

Land registry data shows two sales for MIRAMAR since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cumberland local authority area for the corresponding sale date. Both of the two MIRAMAR 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
2020 16 MAR	£185,000	£130,993	41% above HPI
2016 9 SEP	£140,000	£127,969	9% above HPI

MIRAMAR 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 two MIRAMAR sales from September 2016 and March 2020 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 September 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might MIRAMAR be worth now?

MIRAMAR might now be worth an estimated £243,347.

This is based on house price inflation of 31.5%, between March 2020 and February 2025, 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 31.5% inflationary increase is applied to the most recent sale price for MIRAMAR of £185,000 on 16th March 2020. For the value to have increased from £185,000 to £243,347 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of MIRAMAR has moved in line with the HPI for semi-detached houses in the Cumberland local authority area.
• The March 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of MIRAMAR has not materially changed since March 2020.

How Large is MIRAMAR?

MIRAMAR is 87m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of semi-detached houses houses in Seascale, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Seascale, and where MIRAMAR lies on this distribution: 34% of semi-detached houses houses are smaller than MIRAMAR, and 65% of houses are larger. Note that EPC data is not available for all properties in Seascale.

MIRAMAR: Plot and Title Map

MIRAMAR sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of MIRAMAR, 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 MIRAMAR). 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 MIRAMAR?

MIRAMAR is located on RUEBERRY DRIVE in SEASCALE, in the CA20 postcode district. The below map shows the position of MIRAMAR on RUEBERRY DRIVE.