27, CYPRESS WAY, PENRITH, CA11 8UN - £255,000

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

27 CYPRESS WAY is a midsized extended detached house of 115m², built sometime between 2003 and 2006. It was last sold for £255,000 in December 2015, which was around 9% below the average December 2015 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

27 CYPRESS WAY Sold Prices

Land registry data shows two sales for 27 CYPRESS WAY 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 27 CYPRESS WAY 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
2015 21 DEC	£255,000	£280,609	9% below HPI
2003 1 APR	£138,450	£159,769	13% below HPI

27 CYPRESS 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 two 27 CYPRESS WAY sales from April 2003 and December 2015 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 April 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 27 CYPRESS WAY?

27 CYPRESS WAY is 115m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 50% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 27 CYPRESS WAY lies on this distribution: 46% of detached houses are smaller than 27 CYPRESS WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Penrith.

27 CYPRESS WAY: Plot and Title Map

27 CYPRESS WAY sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 27 CYPRESS 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 27 CYPRESS 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 27 CYPRESS WAY?

27 CYPRESS WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 27 on CYPRESS WAY.