16, LAMB LEA, LAZONBY, PENRITH, CA10 1BB - £250,000

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

16 LAMB LEA is a large extended detached house of 150m², built sometime between 1996 and 2002. It was last sold for £250,000 in August 2020, which was around 22% below the average August 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

16 LAMB LEA Sold Prices

Land registry data shows four sales for 16 LAMB LEA 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 16 LAMB LEA 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
2020 24 AUG	£250,000	£320,560	22% below HPI
2009 7 MAY	£215,000	£255,630	16% below HPI
2008 12 MAY	£195,000	£275,832	29% below HPI
2002 8 MAY	£145,000	£142,424	2% above HPI

16 LAMB LEA 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 16 LAMB LEA sales between May 2002 and August 2020 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 May 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 LAMB LEA?

16 LAMB LEA is 150m², which includes four extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Lazonby, based on EPC data. The below chart shows the distribution of detached houses by size in Lazonby, and where 16 LAMB LEA lies on this distribution: 63% of detached houses are smaller than 16 LAMB LEA, and 36% of houses are larger. Note that EPC data is not available for all properties in Lazonby.

16 LAMB LEA: Plot and Title Map

16 LAMB LEA sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 16 LAMB LEA, 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 LAMB LEA). 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 LAMB LEA?

16 LAMB LEA is located in LAZONBY, in the CA10 postcode district. The below map shows the position of No. 16 on LAMB LEA.