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According to the public record, 2, Lorne Villas, Workington is a period leasehold house with 1,959 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lorne Villas, Workington is £326,826 and the estimated rental value is £1,238 per month.
Lorne Villas, Workington, CA14 is located within the CA14 postal district.
2, Lorne Villas, Workington has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Lorne Villas, Workington is in very good condition we estimate a sale value of £343,167 and a rental value of £1,300 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,948 and a rental value of £1,151 per month.
Over the last 12 months the sale value of 2 Lorne Villas Workington has decreased by an estimated £6,096 (1.9%) and its rental value has increased by an estimated £25 per month (2.0%), giving an expected gross yield of 4.5%.
2, Lorne Villas, Workington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2021.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lorne Villas, Workington was last sold on 11th February 2022 for £270,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lorne Villas, Workington within a radius of 720 metres over the last 2 years.
The most recent example is 21, Carlton Road, Workington, CA14 4BX, a leasehold house which sold for £325,000 on the 29th July 2022.
Read more about house prices in CA14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Villas, Workington, CA14 has a total of 8 addresses. According to our analysis of all the public data, 2, Lorne Villas, Workington is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £171k more expensive than the average property in CA14.
The closest station to 2, Lorne Villas, Workington is Workington station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lorne Villas, Workington, 45.9% of property is privately owned outright and 27.1% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Lorne Villas, Workington, 13.3% of residents are recorded as possessing school level qualifications and 29.1% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lorne Villas, Workington, the average age was 43.4 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Lorne Villas, Workington, 2.2% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Lorne Villas, Workington, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.
