6, CYPRESS WAY, PENRITH, CA11 8UN - £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

6 CYPRESS WAY is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £235,000 in July 2014, which was around 12% below the average July 2014 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

6 CYPRESS WAY Sold Prices

Land registry data shows two sales for 6 CYPRESS 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. One of the two 6 CYPRESS WAY sales was for below the average price, whilst the other was for above 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
2014 3 JUL	£235,000	£265,548	12% below HPI
2001 14 AUG	£147,400	£123,449	19% above HPI

6 CYPRESS 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 6 CYPRESS WAY sales from August 2001 and July 2014 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 August 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 6 CYPRESS WAY?

6 CYPRESS WAY is 120m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 6 CYPRESS WAY lies on this distribution: 51% of detached houses are smaller than 6 CYPRESS WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Penrith.

6 CYPRESS WAY: Plot and Title Map

6 CYPRESS WAY sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 6 CYPRESS 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 6 CYPRESS 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 6 CYPRESS WAY?

6 CYPRESS WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 6 on CYPRESS WAY.