28, RIMINGTON WAY, PENRITH, CA11 8TG - £260,000

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

28 RIMINGTON WAY is a large extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £260,000 in October 2016, which was around 8% below the average October 2016 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

28 RIMINGTON WAY Sold Prices

Land registry data shows three sales for 28 RIMINGTON 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. One of the three 28 RIMINGTON WAY sales was for below the average price, whilst two 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
2016 26 OCT	£260,000	£282,333	8% below HPI
2002 30 AUG	£158,000	£146,719	8% above HPI
1998 30 JAN	£107,000	£90,161	19% above HPI

28 RIMINGTON 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 28 RIMINGTON WAY sales between January 1998 and October 2016 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 August 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 28 RIMINGTON WAY?

28 RIMINGTON WAY is 135m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 28 RIMINGTON WAY lies on this distribution: 62% of detached houses are smaller than 28 RIMINGTON WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Penrith.

28 RIMINGTON WAY: Plot and Title Map

28 RIMINGTON WAY sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 28 RIMINGTON 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 28 RIMINGTON 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 28 RIMINGTON WAY?

28 RIMINGTON WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 28 on RIMINGTON WAY.