16, LABURNUM WAY, PENRITH, CA11 8UJ - £149,750

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

16 LABURNUM WAY is a very small semi-detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £223,828. It was last sold for £149,750 in May 2007, which was around 12% below the average May 2007 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

16 LABURNUM WAY Sold Prices

Land registry data shows three sales for 16 LABURNUM WAY 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. The three 16 LABURNUM WAY sales were a mix of below the average price, roughly equal to the average price, and 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
2007 25 MAY	£149,750	£170,917	12% below HPI
2002 3 FEB	£84,000	£73,036	15% above HPI
1998 13 JAN	£53,850	£53,973	Close to HPI

16 LABURNUM WAY 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 16 LABURNUM WAY sales between January 1998 and May 2007 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 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2007 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 LABURNUM WAY be worth now?

16 LABURNUM WAY might now be worth an estimated £223,828.

This is based on house price inflation of 49.5%, between May 2007 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 49.5% inflationary increase is applied to the most recent sale price for 16 LABURNUM WAY of £149,750 on 25th May 2007. For the value to have increased from £149,750 to £223,828 over the sixteen years and five months to December 2024, the following assumptions must hold true:

• The value of 16 LABURNUM WAY has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The May 2007 sale price of £149,750 represented a fair market value for the property.
• The size, condition, and specification of 16 LABURNUM WAY has not materially changed since May 2007.

How Large is 16 LABURNUM WAY?

16 LABURNUM WAY is 61m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% 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 16 LABURNUM WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 16 LABURNUM WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Penrith.

16 LABURNUM WAY: Plot and Title Map

16 LABURNUM WAY sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 16 LABURNUM 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 16 LABURNUM 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 16 LABURNUM WAY?

16 LABURNUM WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 16 on LABURNUM WAY.