5, CROFT CLOSE, LAZONBY, PENRITH, CA10 1AL - £170,000

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.

5 CROFT CLOSE is a very small detached house of 61m², built sometime between 1976 and 1982, which could now be worth an estimated £183,327. It was last sold for £170,000 in August 2023, which was around 54% below the average August 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was B.

5 CROFT CLOSE Sold Prices

Land registry data shows two sales for 5 CROFT CLOSE 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 5 CROFT CLOSE 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
2023 4 AUG	£170,000	£369,257	54% below HPI
2000 27 JUL	£55,000	£111,633	51% below HPI

5 CROFT CLOSE 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 5 CROFT CLOSE sales from July 2000 and August 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 2000 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 5 CROFT CLOSE be worth now?

5 CROFT CLOSE might now be worth an estimated £183,327.

This is based on house price inflation of 7.8%, between August 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 7.8% inflationary increase is applied to the most recent sale price for 5 CROFT CLOSE of £170,000 on 4th August 2023. For the value to have increased from £170,000 to £183,327 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 5 CROFT CLOSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The August 2023 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CROFT CLOSE has not materially changed since August 2023.

How Large is 5 CROFT CLOSE?

5 CROFT CLOSE is 61m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses houses in Lazonby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lazonby, and where 5 CROFT CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 CROFT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lazonby.

5 CROFT CLOSE: Plot and Title Map

5 CROFT CLOSE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 5 CROFT CLOSE, 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 5 CROFT CLOSE). 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 5 CROFT CLOSE?

5 CROFT CLOSE is located in LAZONBY, in the CA10 postcode district. The below map shows the position of No. 5 on CROFT CLOSE.