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

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

ABETO HOUSE is a very large detached house of 280m². It was last sold for £580,000 in November 2019, which was around 81% 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	£319,730	81% above HPI
2015 2 OCT	£543,000	£283,029	92% above HPI
2010 19 MAR	£150,000	£267,970	44% 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 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the November 2019 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might ABETO HOUSE be worth now?

ABETO HOUSE might now be worth an estimated £729,505.

This is based on house price inflation of 25.8%, between November 2019 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 25.8% inflationary increase is applied to the most recent sale price for ABETO HOUSE of £580,000 on 7th November 2019. For the value to have increased from £580,000 to £729,505 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of ABETO HOUSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The November 2019 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of ABETO HOUSE has not materially changed since November 2019.

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 houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penrith, and where ABETO HOUSE lies on this distribution: 98% of detached houses 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.