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

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

4 RIGGSIDE is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £235,000 in August 2010, which was around 11% 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	£263,594	11% below HPI
2000 28 JAN	£98,000	£100,788	3% 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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2010 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

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 in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 4 RIGGSIDE lies on this distribution: 33% of detached houses are smaller than 4 RIGGSIDE, and 67% 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.