8, BEACON PARK, PENRITH, CA11 7UB - £450,000

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

8 BEACON PARK is a very large detached house of 181m², built sometime between 1983 and 1990. It was last sold for £450,000 in April 2024, which was around 21% above the average April 2024 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

8 BEACON PARK Sold Prices

Land registry data shows two sales for 8 BEACON PARK 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 8 BEACON PARK sales were 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
2024 30 APR	£450,000	£370,442	21% above HPI
2004 7 SEP	£340,000	£218,362	56% above HPI

8 BEACON PARK 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 8 BEACON PARK sales from September 2004 and April 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 September 2004 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the April 2024 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 8 BEACON PARK?

8 BEACON PARK is 181m² according to the EPC inspection conducted in October 2023. This puts it in the largest 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 8 BEACON PARK lies on this distribution: 89% of detached houses are smaller than 8 BEACON PARK, and 11% of houses are larger. Note that EPC data is not available for all properties in Penrith.

8 BEACON PARK: Plot and Title Map

8 BEACON PARK sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 8 BEACON PARK, 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 8 BEACON PARK). 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 8 BEACON PARK?

8 BEACON PARK is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 8 on BEACON PARK.