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
10 CAMBRIDGE DRIVE is a very small detached house of 63m². It was last sold for £160,000 in September 2019, which was around 49% below the average September 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 10 CAMBRIDGE DRIVE since 1st 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 10 CAMBRIDGE DRIVE 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 |
---|---|---|---|
2019 13 SEP | £160,000 | £316,289 | 49% below HPI |
2014 14 MAR | £187,000 | £259,441 | 28% below HPI |
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 10 CAMBRIDGE DRIVE sales from March 2014 and September 2019 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 March 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
10 CAMBRIDGE DRIVE is 63m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 10 CAMBRIDGE DRIVE lies on this distribution: 2% of detached houses are smaller than 10 CAMBRIDGE DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Penrith.
10 CAMBRIDGE DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 10 CAMBRIDGE 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 10 CAMBRIDGE 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.
10 CAMBRIDGE DRIVE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 10 on CAMBRIDGE DRIVE.