HOPE HOUSE, LAZONBY, PENRITH, CA10 1BL - £284,950

HOPE HOUSE is a midsized extended detached house of 131m², built sometime before 1900. It was last sold for £284,950 in December 2015, which was around 2% above the average December 2015 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

HOPE HOUSE Sold Prices

Land registry data shows four sales for HOPE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Most of the four HOPE HOUSE 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
2015 11 DEC	£284,950	£280,609	2% above HPI
2007 5 OCT	£298,000	£279,709	7% above HPI
2003 4 OCT	£165,000	£184,079	10% below HPI
1996 16 JUL	£85,000	£79,461	7% above HPI

HOPE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The four HOPE HOUSE sales between July 1996 and December 2015 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 2007 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is HOPE HOUSE?

HOPE HOUSE is 131m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses in Lazonby, based on EPC data. The below chart shows the distribution of detached houses by size in Lazonby, and where HOPE HOUSE lies on this distribution: 47% of detached houses are smaller than HOPE HOUSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lazonby.

HOPE HOUSE: Plot and Title Map

HOPE HOUSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of HOPE HOUSE, 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 HOPE HOUSE). 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 HOPE HOUSE?

HOPE HOUSE is located in LAZONBY, in the CA10 postcode district. The below map shows the position of HOPE HOUSE in LAZONBY.