16, MONNINGTON WAY, PENRITH, CA11 8QJ - £548,800

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

16 MONNINGTON WAY is a very large extended detached house of 290m², built sometime between 1983 and 1990. It was last sold for £548,800 in July 2018, which was around 78% above the average July 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

16 MONNINGTON WAY Sold Prices

Land registry data shows three sales for 16 MONNINGTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 16 MONNINGTON WAY sales were for 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
2018 20 JUL	£548,800	£307,491	78% above HPI
2007 20 JUL	£347,500	£270,645	28% above HPI
2001 1 AUG	£150,000	£123,449	22% above HPI

16 MONNINGTON WAY 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 three 16 MONNINGTON WAY sales between August 2001 and July 2018 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 July 2007 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2018 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 16 MONNINGTON WAY?

16 MONNINGTON WAY is 290m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 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 16 MONNINGTON WAY lies on this distribution: 99% of detached houses are smaller than 16 MONNINGTON WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Penrith.

16 MONNINGTON WAY: Plot and Title Map

16 MONNINGTON WAY sits on a plot of roughly 0.256 of an acre, or 1,036m². The below map shows the location of 16 MONNINGTON 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 MONNINGTON 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 MONNINGTON WAY?

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