13, OAK ROAD, PENRITH, CA11 8TS - £310,000

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

13 OAK ROAD is a large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £310,000 in February 2022, which was around 12% below the average February 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

13 OAK ROAD Sold Prices

Land registry data shows four sales for 13 OAK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Most of the four 13 OAK ROAD 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
2022 25 FEB	£310,000	£353,296	12% below HPI
2010 15 JAN	£240,000	£262,066	8% below HPI
2006 20 DEC	£282,000	£253,649	11% above HPI
2002 9 DEC	£115,000	£154,716	26% below HPI

13 OAK ROAD 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 four 13 OAK ROAD sales between December 2002 and February 2022 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 January 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 13 OAK ROAD?

13 OAK ROAD is 142m², which includes four extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 13 OAK ROAD lies on this distribution: 69% of detached houses are smaller than 13 OAK ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Penrith.

13 OAK ROAD: Plot and Title Map

13 OAK ROAD sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 13 OAK ROAD, 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 13 OAK ROAD). 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 13 OAK ROAD?

13 OAK ROAD is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 13 on OAK ROAD.