1, MEETING HOUSE LANE, PENRITH, CA11 7TR - £132,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MEETING HOUSE LANE is a very small extended semi-detached house of 82m², built sometime before 1900, which could now be worth an estimated £164,482. It was last sold for £132,500 in August 2020, which was around 36% below the average August 2020 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

1 MEETING HOUSE LANE Sold Prices

Land registry data shows three sales for 1 MEETING HOUSE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 1 MEETING HOUSE LANE sales were for below 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
2020 28 AUG	£132,500	£205,793	36% below HPI
1997 21 JUL	£39,000	£51,763	25% below HPI
1996 29 MAR	£45,000	£48,819	8% below HPI

1 MEETING HOUSE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The three 1 MEETING HOUSE LANE sales between March 1996 and August 2020 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 July 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1 MEETING HOUSE LANE be worth now?

1 MEETING HOUSE LANE might now be worth an estimated £164,482.

This is based on house price inflation of 24.1%, between August 2020 and December 2024, for semi-detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.1% inflationary increase is applied to the most recent sale price for 1 MEETING HOUSE LANE of £132,500 on 28th August 2020. For the value to have increased from £132,500 to £164,482 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 MEETING HOUSE LANE has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The August 2020 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MEETING HOUSE LANE has not materially changed since August 2020.

How Large is 1 MEETING HOUSE LANE?

1 MEETING HOUSE LANE is 82m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of semi-detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penrith, and where 1 MEETING HOUSE LANE lies on this distribution: 15% of semi-detached houses houses are smaller than 1 MEETING HOUSE LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Penrith.

1 MEETING HOUSE LANE: Plot and Title Map

1 MEETING HOUSE LANE sits on a plot of roughly 0.012 of an acre, or 50m². The below map shows the location of 1 MEETING HOUSE LANE, 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 MEETING HOUSE LANE). 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 MEETING HOUSE LANE?

1 MEETING HOUSE LANE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 1 on MEETING HOUSE LANE.