12, WETHERIGGS LANE, PENRITH, CA11 8PD - £310,000

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

12 WETHERIGGS LANE is a small extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £310,000 in June 2021, which was around 7% below the average June 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was B.

12 WETHERIGGS LANE Sold Prices

Land registry data shows two sales for 12 WETHERIGGS LANE 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 12 WETHERIGGS 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
2021 30 JUN	£310,000	£334,706	7% below HPI
2015 6 FEB	£245,000	£270,294	9% below HPI

12 WETHERIGGS LANE 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 12 WETHERIGGS LANE sales from February 2015 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 February 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 12 WETHERIGGS LANE?

12 WETHERIGGS LANE is 104m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 12 WETHERIGGS LANE lies on this distribution: 37% of detached houses are smaller than 12 WETHERIGGS LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Penrith.

12 WETHERIGGS LANE: Plot and Title Map

12 WETHERIGGS LANE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 12 WETHERIGGS 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 12 WETHERIGGS 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 12 WETHERIGGS LANE?

12 WETHERIGGS LANE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 12 on WETHERIGGS LANE.