1, PEAR TREE WAY, PENRITH, CA11 8WA - £398,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PEAR TREE WAY is a very large detached house of 199m², built sometime between 1996 and 2002. It was last sold for £398,000 in June 2021, which was around 19% above the average June 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was C.

1 PEAR TREE WAY Sold Prices

Land registry data shows two sales for 1 PEAR TREE WAY 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. Both of the two 1 PEAR TREE WAY 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
2021 18 JUN	£398,000	£334,706	19% above HPI
2003 11 AUG	£293,750	£175,068	68% above HPI

1 PEAR TREE WAY 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 PEAR TREE WAY sales from August 2003 and June 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 August 2003 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the June 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 1 PEAR TREE WAY?

1 PEAR TREE WAY is 199m² according to the EPC inspection conducted in December 2020. This puts it in the largest 10% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 1 PEAR TREE WAY lies on this distribution: 93% of detached houses are smaller than 1 PEAR TREE WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Penrith.

1 PEAR TREE WAY: Plot and Title Map

1 PEAR TREE WAY sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 1 PEAR TREE WAY, 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 PEAR TREE WAY). 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 PEAR TREE WAY?

1 PEAR TREE WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 1 on PEAR TREE WAY.