3, CYPRESS WAY, PENRITH, CA11 8UN - £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

3 CYPRESS WAY is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £250,000 in August 2010, which was around 5% below the average August 2010 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

3 CYPRESS WAY Sold Prices

Land registry data shows three sales for 3 CYPRESS 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. The three 3 CYPRESS WAY sales were a mix of below the average price, and roughly equal to 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
2010 16 AUG	£250,000	£263,594	5% below HPI
2004 29 JUL	£195,000	£215,131	9% below HPI
2000 5 MAY	£108,000	£108,343	Close to HPI

3 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 three 3 CYPRESS WAY sales between May 2000 and August 2010 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 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2010 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 CYPRESS WAY?

3 CYPRESS WAY is 98m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 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 3 CYPRESS WAY lies on this distribution: 32% of detached houses are smaller than 3 CYPRESS WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Penrith.

3 CYPRESS WAY: Plot and Title Map

3 CYPRESS WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 3 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 3 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 3 CYPRESS WAY?

3 CYPRESS WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 3 on CYPRESS WAY.