4, RIGGSIDE, PENRITH, CA11 8LQ - £235,000

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.

4 RIGGSIDE is a small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £348,998. It was last sold for £235,000 in August 2010, which was around 12% below the average August 2010 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

4 RIGGSIDE Sold Prices

Land registry data shows two sales for 4 RIGGSIDE 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 4 RIGGSIDE 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
2010 9 AUG	£235,000	£268,133	12% below HPI
2000 28 JAN	£98,000	£102,524	4% below HPI

4 RIGGSIDE 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 4 RIGGSIDE sales from January 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 January 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2010 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 RIGGSIDE be worth now?

4 RIGGSIDE might now be worth an estimated £348,998.

This is based on house price inflation of 48.5%, between August 2010 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 48.5% inflationary increase is applied to the most recent sale price for 4 RIGGSIDE of £235,000 on 9th August 2010. For the value to have increased from £235,000 to £348,998 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 4 RIGGSIDE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The August 2010 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RIGGSIDE has not materially changed since August 2010.

How Large is 4 RIGGSIDE?

4 RIGGSIDE is 99m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% 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 4 RIGGSIDE lies on this distribution: 32% of detached houses houses are smaller than 4 RIGGSIDE, and 68% of houses are larger. Note that EPC data is not available for all properties in Penrith.

4 RIGGSIDE: Plot and Title Map

4 RIGGSIDE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 4 RIGGSIDE, 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 4 RIGGSIDE). 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 4 RIGGSIDE?

4 RIGGSIDE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 4 on RIGGSIDE.