8, WETHERIGGS LANE, PENRITH, CA11 8PD - £297,500

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

8 WETHERIGGS LANE is a midsized extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £297,500 in May 2018, which was around 3% below the average May 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 C.

8 WETHERIGGS LANE Sold Prices

Land registry data shows two sales for 8 WETHERIGGS LANE 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 8 WETHERIGGS LANE 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
2018 21 MAY	£297,500	£306,463	3% below HPI
2001 25 OCT	£187,000	£130,790	43% above HPI

8 WETHERIGGS LANE 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 WETHERIGGS LANE sales from October 2001 and May 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 October 2001 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 WETHERIGGS LANE be worth now?

8 WETHERIGGS LANE might now be worth an estimated £390,385.

This is based on house price inflation of 31.2%, between May 2018 and December 2024, for 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 31.2% inflationary increase is applied to the most recent sale price for 8 WETHERIGGS LANE of £297,500 on 21st May 2018. For the value to have increased from £297,500 to £390,385 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 8 WETHERIGGS LANE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The May 2018 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WETHERIGGS LANE has not materially changed since May 2018.

How Large is 8 WETHERIGGS LANE?

8 WETHERIGGS LANE is 127m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penrith, and where 8 WETHERIGGS LANE lies on this distribution: 57% of detached houses houses are smaller than 8 WETHERIGGS LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Penrith.

8 WETHERIGGS LANE: Plot and Title Map

8 WETHERIGGS LANE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 8 WETHERIGGS LANE, 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 WETHERIGGS LANE). 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 WETHERIGGS LANE?

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