ABETO HOUSE, FELL LANE, PENRITH, CA11 8BJ - £580,000

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

ABETO HOUSE is a very large detached house of 280m². It was last sold for £580,000 in November 2019, which was around 85% above the average November 2019 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was B.

ABETO HOUSE Sold Prices

Land registry data shows three sales for ABETO HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. Two of the three ABETO HOUSE sales were for above the average price, whilst one was 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 7 NOV	£580,000	£314,317	85% above HPI
2015 2 OCT	£543,000	£278,238	95% above HPI
2010 19 MAR	£150,000	£263,433	43% below HPI

ABETO HOUSE 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 three ABETO HOUSE sales between March 2010 and November 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 October 2015 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the November 2019 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is ABETO HOUSE?

ABETO HOUSE is 280m² according to the EPC inspection conducted in February 2011. This puts it in the largest 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 ABETO HOUSE lies on this distribution: 98% of detached houses are smaller than ABETO HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Penrith.

ABETO HOUSE: Plot and Title Map

ABETO HOUSE sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of ABETO HOUSE, 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 ABETO HOUSE). 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 ABETO HOUSE?

ABETO HOUSE is located on FELL LANE in PENRITH, in the CA11 postcode district. The below map shows the position of ABETO HOUSE on FELL LANE.