8, LOW MILL, LANGWATHBY, PENRITH, CA10 1NQ - £250,000

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 LOW MILL is a midsized extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £250,000 in February 2019, which was around 18% below the average February 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

8 LOW MILL Sold Prices

Land registry data shows four sales for 8 LOW MILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Most of the four 8 LOW MILL 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
2019 15 FEB	£250,000	£305,293	18% below HPI
2016 4 JUL	£230,000	£284,606	19% below HPI
2014 17 APR	£230,000	£261,513	12% below HPI
2000 17 MAR	£115,000	£100,930	14% above HPI

8 LOW MILL 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 four 8 LOW MILL sales between March 2000 and February 2019 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 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 LOW MILL?

8 LOW MILL is 138m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Langwathby, based on EPC data. The below chart shows the distribution of detached houses by size in Langwathby, and where 8 LOW MILL lies on this distribution: 49% of detached houses are smaller than 8 LOW MILL, and 51% of houses are larger. Note that EPC data is not available for all properties in Langwathby.

8 LOW MILL: Plot and Title Map

8 LOW MILL sits on a plot of roughly 1,385.9 acres, or 5,608,559m². The below map shows the location of 8 LOW MILL, 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 LOW MILL). 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 LOW MILL?

8 LOW MILL is located in LANGWATHBY, in the CA10 postcode district. The below map shows the position of No. 8 on LOW MILL.