1, GRAYSON DRIVE, GREAT SALKELD, PENRITH, CA11 9NY - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GRAYSON DRIVE is a midsized extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £325,000 in February 2021, which was around 2% below the average February 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

1 GRAYSON DRIVE Sold Prices

Land registry data shows two sales for 1 GRAYSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. One of the two 1 GRAYSON DRIVE sales was for below the average price, whilst the other was 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
2021 3 FEB	£325,000	£331,790	2% below HPI
2015 9 DEC	£290,000	£280,609	3% above HPI

1 GRAYSON DRIVE 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 two 1 GRAYSON DRIVE sales from December 2015 and February 2021 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 December 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 GRAYSON DRIVE?

1 GRAYSON DRIVE is 159m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 50% of detached houses in Great Salkeld, based on EPC data. The below chart shows the distribution of detached houses by size in Great Salkeld, and where 1 GRAYSON DRIVE lies on this distribution: 51% of detached houses are smaller than 1 GRAYSON DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Great Salkeld.

1 GRAYSON DRIVE: Plot and Title Map

1 GRAYSON DRIVE sits on a plot of roughly 92.9 acres, or 375,897m². The below map shows the location of 1 GRAYSON DRIVE, 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 1 GRAYSON DRIVE). 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 1 GRAYSON DRIVE?

1 GRAYSON DRIVE is located in GREAT SALKELD, in the CA11 postcode district. The below map shows the position of No. 1 on GRAYSON DRIVE.