8, NETHEREND ROAD, PENRITH, CA11 8PF - £162,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 NETHEREND ROAD is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £162,500 in June 2018, which was around 46% below the average June 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

8 NETHEREND ROAD Sold Prices

Land registry data shows two sales for 8 NETHEREND ROAD 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 NETHEREND ROAD 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
2018 13 JUN	£162,500	£300,858	46% below HPI
2013 15 NOV	£60,000	£260,673	77% below HPI

8 NETHEREND ROAD 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 NETHEREND ROAD sales from November 2013 and June 2018 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 November 2013 sale was for 77% below the HPI. So the extrapolation line tracks at 77% below the HPI over time, until the June 2018 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 8 NETHEREND ROAD?

8 NETHEREND ROAD is 60m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% 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 NETHEREND ROAD lies on this distribution: 1% of detached houses are smaller than 8 NETHEREND ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Penrith.

8 NETHEREND ROAD: Plot and Title Map

8 NETHEREND ROAD sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 8 NETHEREND ROAD, 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 NETHEREND ROAD). 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 NETHEREND ROAD?

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