SCHOOL HOUSE, ARMATHWAITE, CARLISLE, CA4 9PW - £375,000

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.

SCHOOL HOUSE is a large extended detached house of 137m², built sometime between 1900 and 1929, which could now be worth an estimated £435,634. It was last sold for £375,000 in May 2021, which was around 12% above the average May 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2014, where the current energy rating was G, and the potential energy rating was C.

SCHOOL HOUSE Sold Prices

Land registry data shows two sales for SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. One of the two SCHOOL HOUSE sales was for above the average price, whilst the other 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
2021 21 MAY	£375,000	£334,019	12% above HPI
2014 28 NOV	£197,500	£277,461	29% below HPI

SCHOOL HOUSE 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 two SCHOOL HOUSE sales from November 2014 and May 2021 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 November 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might SCHOOL HOUSE be worth now?

SCHOOL HOUSE might now be worth an estimated £435,634.

This is based on house price inflation of 16.2%, between May 2021 and May 2026, 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 16.2% inflationary increase is applied to the most recent sale price for SCHOOL HOUSE of £375,000 on 21st May 2021. For the value to have increased from £375,000 to £435,634 over the five years to May 2026, the following assumptions must hold true:

• The value of SCHOOL HOUSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The May 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL HOUSE has not materially changed since May 2021.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 137m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses houses in Armathwaite, based on EPC data. The below chart shows the distribution of detached houses houses by size in Armathwaite, and where SCHOOL HOUSE lies on this distribution: 63% of detached houses houses are smaller than SCHOOL HOUSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Armathwaite.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 8.8 acres, or 35,808m². The below map shows the location of SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

SCHOOL HOUSE is located in ARMATHWAITE, in the CA4 postcode district. The below map shows the position of SCHOOL HOUSE in ARMATHWAITE.