7, LABURNUM WAY, PENRITH, CA11 8UJ - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 LABURNUM WAY is a very small semi-detached house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £186,254. It was last sold for £180,000 in October 2024, which was around 27% below the average October 2024 semi-detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

7 LABURNUM WAY Sold Prices

Land registry data shows three sales for 7 LABURNUM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three 7 LABURNUM 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
2024 25 OCT	£180,000	£246,888	27% below HPI
2003 28 MAR	£86,000	£93,282	8% below HPI
1997 22 SEP	£53,850	£54,222	1% below HPI

7 LABURNUM WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Westmorland and Furness local authority area over time, sourced from the HPI. The three 7 LABURNUM WAY sales between September 1997 and October 2024 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 March 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 7 LABURNUM WAY be worth now?

7 LABURNUM WAY might now be worth an estimated £186,254.

This is based on house price inflation of 3.5%, between October 2024 and December 2024, for semi-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 3.5% inflationary increase is applied to the most recent sale price for 7 LABURNUM WAY of £180,000 on 25th October 2024. For the value to have increased from £180,000 to £186,254 over the ten months to December 2024, the following assumptions must hold true:

• The value of 7 LABURNUM WAY has moved in line with the HPI for semi-detached houses in the Westmorland and Furness local authority area.
• The October 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LABURNUM WAY has not materially changed since October 2024.

How Large is 7 LABURNUM WAY?

7 LABURNUM WAY is 64m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of semi-detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penrith, and where 7 LABURNUM WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 7 LABURNUM WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Penrith.

7 LABURNUM WAY: Plot and Title Map

7 LABURNUM WAY sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 7 LABURNUM 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 7 LABURNUM 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 7 LABURNUM WAY?

7 LABURNUM WAY is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 7 on LABURNUM WAY.