ROSE BANK COTTAGE, CULGAITH, PENRITH, CA10 1QW - £228,000

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.

ROSE BANK COTTAGE is a very small extended detached house of 95m², built sometime before 1900, which could now be worth an estimated £282,819. It was last sold for £228,000 in March 2017, which was around 22% below the average March 2017 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

ROSE BANK COTTAGE Sold Prices

Land registry data shows five sales for ROSE BANK 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 Westmorland and Furness local authority area for the corresponding sale date. Most of the five ROSE BANK COTTAGE sales were 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
2017 1 MAR	£228,000	£293,580	22% below HPI
2016 5 FEB	£265,000	£286,449	7% below HPI
2003 24 JAN	£165,000	£161,634	2% above HPI
2000 17 MAR	£108,500	£102,668	6% above HPI
1998 26 MAY	£75,000	£92,741	19% below HPI

ROSE BANK COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The five ROSE BANK COTTAGE sales between May 1998 and March 2017 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 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might ROSE BANK COTTAGE be worth now?

ROSE BANK COTTAGE might now be worth an estimated £282,819.

This is based on house price inflation of 24%, between March 2017 and June 2025, for detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24% inflationary increase is applied to the most recent sale price for ROSE BANK COTTAGE of £228,000 on 1st March 2017. For the value to have increased from £228,000 to £282,819 over the seven years and nine months to June 2025, the following assumptions must hold true:

• The value of ROSE BANK COTTAGE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The March 2017 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE BANK COTTAGE has not materially changed since March 2017.

How Large is ROSE BANK COTTAGE?

ROSE BANK COTTAGE is 95m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses houses in Culgaith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Culgaith, and where ROSE BANK COTTAGE lies on this distribution: 14% of detached houses houses are smaller than ROSE BANK COTTAGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Culgaith.

ROSE BANK COTTAGE: Plot and Title Map

ROSE BANK COTTAGE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of ROSE BANK 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 ROSE BANK 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 ROSE BANK COTTAGE?

ROSE BANK COTTAGE is located in CULGAITH, in the CA10 postcode district. The below map shows the position of ROSE BANK COTTAGE in CULGAITH.