RIVERSIDE, GILSLAND, BRAMPTON, CA8 7BS - £240,000

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.

RIVERSIDE is a large extended detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £271,674. It was last sold for £240,000 in May 2023, which was around 5% below the average May 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

RIVERSIDE Sold Prices

Land registry data shows four sales for RIVERSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. two of the four RIVERSIDE sales were for below the average price, and four 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
2023 19 MAY	£240,000	£253,281	5% below HPI
2019 15 FEB	£240,000	£218,043	10% above HPI
2001 19 OCT	£77,000	£90,473	15% below HPI
1997 18 AUG	£80,000	£76,003	5% above HPI

RIVERSIDE 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 four RIVERSIDE sales between August 1997 and May 2023 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 February 2019 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might RIVERSIDE be worth now?

RIVERSIDE might now be worth an estimated £271,674.

This is based on house price inflation of 13.2%, between May 2023 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 13.2% inflationary increase is applied to the most recent sale price for RIVERSIDE of £240,000 on 19th May 2023. For the value to have increased from £240,000 to £271,674 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of RIVERSIDE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The May 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of RIVERSIDE has not materially changed since May 2023.

How Large is RIVERSIDE?

RIVERSIDE is 121m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 40% 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 RIVERSIDE lies on this distribution: 63% of detached houses houses are smaller than RIVERSIDE, and 37% of houses are larger. Note that EPC data is not available for all properties in Gilsland.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.284 of an acre, or 1,149m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

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