3, LOWTHER STREET, PENRITH, CA11 7UW - £465,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 LOWTHER STREET is a very large extended detached house of 218m², built sometime before 1900, which could now be worth an estimated £497,338. It was last sold for £465,000 in February 2023, which was around 25% above the average February 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

3 LOWTHER STREET Sold Prices

Land registry data shows four sales for 3 LOWTHER STREET 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. two of the four 3 LOWTHER STREET sales were for above the average price, and four 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
2023 14 FEB	£465,000	£372,312	25% above HPI
2022 18 JUL	£345,000	£375,126	8% below HPI
2014 17 JAN	£249,000	£261,835	5% below HPI
2002 24 MAY	£158,000	£144,877	9% above HPI

3 LOWTHER STREET 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 3 LOWTHER STREET sales between May 2002 and February 2023 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 2022 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2023 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 3 LOWTHER STREET be worth now?

3 LOWTHER STREET might now be worth an estimated £497,338.

This is based on house price inflation of 7%, between February 2023 and February 2025, for detached houses, in the Westmorland and Furness local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 3 LOWTHER STREET of £465,000 on 14th February 2023. For the value to have increased from £465,000 to £497,338 over the two years to February 2025, the following assumptions must hold true:

• The value of 3 LOWTHER STREET has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The February 2023 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOWTHER STREET has not materially changed since February 2023.

How Large is 3 LOWTHER STREET?

3 LOWTHER STREET is 218m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penrith, and where 3 LOWTHER STREET lies on this distribution: 96% of detached houses houses are smaller than 3 LOWTHER STREET, and 4% of houses are larger. Note that EPC data is not available for all properties in Penrith.

3 LOWTHER STREET: Plot and Title Map

3 LOWTHER STREET sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 3 LOWTHER STREET, 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 LOWTHER STREET). 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 LOWTHER STREET?

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