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According to the public record, Lacewood, The Slack is a modern freehold house with 4,682 ft2 of internal area and sits on a 1,890 m2 plot.
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 Lacewood, The Slack is £747,087 and the estimated rental value is £2,608 per month.
Wigton, CA7 is located within the CA7 postal district.
Lacewood, The Slack has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Lacewood, The Slack is in very good condition we estimate a sale value of £784,441 and a rental value of £2,738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £694,791 and a rental value of £2,425 per month.
Over the last 12 months the sale value of Lacewood The Slack has decreased by an estimated £21,897 (2.9%) and its rental value has increased by an estimated £56 per month (2.2%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, Lacewood, The Slack sits on a plot of 1890m2.
We have plot size data on 3 out of 3 other houses in the postcode and Lacewood, The Slack sits on the largest plot.
Lacewood, The Slack has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Mar 2017.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Lacewood, The Slack was last sold on 8th August 2018 for £599,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2018, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 4.1 kilometres radius of Lacewood, The Slack over the last 2 years.
The most recent example is Elvadene, Wigton, CA7 0LP, a freehold house which sold for £180,000 on the 14th November 2019.
Read more about house prices in CA7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wigton, CA7 has a total of 339 addresses. According to our analysis of all the public data, Lacewood, The Slack is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £458k more expensive than the average property in CA7.
The closest station to Lacewood, The Slack is Wigton station which is 4.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Lacewood, The Slack, 56.7% of property is privately owned outright and 26.7% 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 Lacewood, The Slack, 15.6% of residents are recorded as possessing school level qualifications and 41.3% 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 Lacewood, The Slack, the average age was 48.1 and the most common age was 52.
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 Lacewood, The Slack, 0.5% 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 Lacewood, The Slack, there are an average of 2.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
