VILLA MARIE, CROSS LANE, WIGTON, CA7 9DB - £210,000

VILLA MARIE is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £210,000 in August 2022, which was around 20% below the average August 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

VILLA MARIE Sold Prices

Land registry data shows two sales for VILLA MARIE 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 VILLA MARIE 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
2022 2 AUG	£210,000	£262,267	20% below HPI
2016 21 OCT	£155,000	£211,287	27% below HPI

VILLA MARIE 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 VILLA MARIE sales from October 2016 and August 2022 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 October 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is VILLA MARIE?

VILLA MARIE is 88m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses by size in Wigton, and where VILLA MARIE lies on this distribution: 22% of detached houses are smaller than VILLA MARIE, and 77% of houses are larger. Note that EPC data is not available for all properties in Wigton.

VILLA MARIE: Plot and Title Map

VILLA MARIE sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of VILLA MARIE, 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 VILLA MARIE). 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 VILLA MARIE?

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