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
9 BEACON CLOSE is a large extended detached house of 154m², built sometime between 1991 and 1995. It was last sold for £475,000 in January 2023, which was around 30% above the average January 2023 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 9 BEACON CLOSE since 1st 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 9 BEACON CLOSE 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 |
---|---|---|---|
2023 5 JAN | £475,000 | £365,882 | 30% above HPI |
1999 15 SEP | £156,000 | £100,760 | 55% above HPI |
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 9 BEACON CLOSE sales from September 1999 and January 2023 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 1999 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2023 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.
9 BEACON CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 30% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where 9 BEACON CLOSE lies on this distribution: 76% of detached houses are smaller than 9 BEACON CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Penrith.
9 BEACON CLOSE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 9 BEACON CLOSE, 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 9 BEACON CLOSE). 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.
9 BEACON CLOSE is located in PENRITH, in the CA11 postcode district. The below map shows the position of No. 9 on BEACON CLOSE.