4, RIMINGTON WAY, PENRITH, CA11 8TG - £210,000

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 RIMINGTON WAY is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £210,000 in August 2012, which was around 18% below the average August 2012 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

4 RIMINGTON WAY Sold Prices

Land registry data shows two sales for 4 RIMINGTON WAY 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 RIMINGTON WAY 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
2012 21 AUG	£210,000	£254,701	18% below HPI
2010 11 NOV	£208,000	£264,307	21% below HPI

4 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 two 4 RIMINGTON WAY sales from November 2010 and August 2012 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 November 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2012 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 RIMINGTON WAY?

4 RIMINGTON WAY is 79m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% 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 RIMINGTON WAY lies on this distribution: 11% of detached houses are smaller than 4 RIMINGTON WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Penrith.

4 RIMINGTON WAY: Plot and Title Map

4 RIMINGTON WAY sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 4 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 4 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 4 RIMINGTON WAY?

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