THE CHASE, CROSS LANE, WIGTON, CA7 9DB - £300,000

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.

THE CHASE is a midsized extended detached house of 118m², built sometime between 2003 and 2006, which could now be worth an estimated £388,496. It was last sold for £300,000 in September 2016, which was around 42% above the average September 2016 detached price in the Cumberland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was B, and the potential energy rating was B.

THE CHASE Sold Prices

Land registry data shows two sales for THE CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Both of the two THE CHASE 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
2016 22 SEP	£300,000	£211,660	42% above HPI
2007 24 AUG	£250,000	£211,867	18% above HPI

THE CHASE 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 two THE CHASE sales from August 2007 and September 2016 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 August 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2016 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might THE CHASE be worth now?

THE CHASE might now be worth an estimated £388,496.

This is based on house price inflation of 29.5%, between September 2016 and June 2025, 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 29.5% inflationary increase is applied to the most recent sale price for THE CHASE of £300,000 on 22nd September 2016. For the value to have increased from £300,000 to £388,496 over the nine years and three months to June 2025, the following assumptions must hold true:

• The value of THE CHASE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The September 2016 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of THE CHASE has not materially changed since September 2016.

How Large is THE CHASE?

THE CHASE is 118m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigton, and where THE CHASE lies on this distribution: 56% of detached houses houses are smaller than THE CHASE, and 44% of houses are larger. Note that EPC data is not available for all properties in Wigton.

THE CHASE: Plot and Title Map

THE CHASE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of THE CHASE, 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 THE CHASE). 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 THE CHASE?

THE CHASE is located on CROSS LANE in WIGTON, in the CA7 postcode district. The below map shows the position of THE CHASE on CROSS LANE.