House prices in the Cumberland Council area dropped slightly in September, new figures show.
Figures from the Office for National Statistics show the average Cumberland Council area house price in the year to September was £176,121 – a 0.9 per cent decrease from August.
The picture was different to that across the North West, where prices increased by 0.4 per cent.
The drop in the Cumberland Council area does not reverse the longer-term trend in the area, which has seen property prices in the area grow by 7.4 per cent over the last year.
Across the UK, average house prices in September fell slightly on the month before, but have accelerated by 2.9 per cent over the past year.
READ MORE: Woman to walk through Cumbria as part of epic 5,000 mile journey
Separate figures from the ONS show the Consumer Prices Index (CPI) inflation jumped to 2.3 per cent in October, up from 1.7 per cent the previous month.
David Hollingworth, associate director at L&C Mortgages, said the jump in inflation could "bring further headaches for mortgage borrowers".
He said inflation lifting above the Bank of England's 2 per cent target is "not a shock", but added it is higher than many had expected.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here