STRAND COTTAGE, BURNFOOT, WIGTON, CA7 9HS - £60,000

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.

STRAND COTTAGE is a small extended terraced house of 104m², built sometime before 1900, which could now be worth an estimated £76,080. It was last sold for £60,000 in September 2017, which was around 43% below the average September 2017 terraced price in the Cumberland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

STRAND COTTAGE Sold Prices

Land registry data shows three sales for STRAND COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cumberland local authority area for the corresponding sale date. All of the three STRAND 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 22 SEP	£60,000	£105,556	43% below HPI
2007 20 DEC	£86,500	£107,418	19% below HPI
2002 14 JUN	£36,000	£42,583	15% below HPI

STRAND COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cumberland local authority area over time, sourced from the HPI. The three STRAND COTTAGE sales between June 2002 and September 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 December 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might STRAND COTTAGE be worth now?

STRAND COTTAGE might now be worth an estimated £76,080.

This is based on house price inflation of 26.8%, between September 2017 and June 2025, for terraced 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 26.8% inflationary increase is applied to the most recent sale price for STRAND COTTAGE of £60,000 on 22nd September 2017. For the value to have increased from £60,000 to £76,080 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of STRAND COTTAGE has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The September 2017 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of STRAND COTTAGE has not materially changed since September 2017.

How Large is STRAND COTTAGE?

STRAND COTTAGE is 104m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% of terraced houses houses in Wigton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wigton, and where STRAND COTTAGE lies on this distribution: 40% of terraced houses houses are smaller than STRAND COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Wigton.

STRAND COTTAGE: Plot and Title Map

STRAND COTTAGE sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of STRAND 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 STRAND 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 STRAND COTTAGE?

STRAND COTTAGE is located on BURNFOOT in WIGTON, in the CA7 postcode district. The below map shows the position of STRAND COTTAGE on BURNFOOT.