CROFTSIDE, GREEN CROFT, SHAP, PENRITH, CA10 3PB - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CROFTSIDE is a very small extended detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £203,215. It was last sold for £160,000 in August 2018, which was around 49% below the average August 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

CROFTSIDE Sold Prices

Land registry data shows two sales for CROFTSIDE 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 CROFTSIDE 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 3 AUG	£160,000	£313,524	49% below HPI
2012 27 MAR	£122,000	£254,701	52% below HPI

CROFTSIDE 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 CROFTSIDE sales from March 2012 and August 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 March 2012 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the August 2018 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might CROFTSIDE be worth now?

CROFTSIDE might now be worth an estimated £203,215.

This is based on house price inflation of 27%, between August 2018 and February 2025, 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 27% inflationary increase is applied to the most recent sale price for CROFTSIDE of £160,000 on 3rd August 2018. For the value to have increased from £160,000 to £203,215 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of CROFTSIDE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The August 2018 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of CROFTSIDE has not materially changed since August 2018.

How Large is CROFTSIDE?

CROFTSIDE is 69m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses houses in Shap, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shap, and where CROFTSIDE lies on this distribution: 4% of detached houses houses are smaller than CROFTSIDE, and 96% of houses are larger. Note that EPC data is not available for all properties in Shap.

CROFTSIDE: Plot and Title Map

CROFTSIDE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of CROFTSIDE, 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 CROFTSIDE). 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 CROFTSIDE?

CROFTSIDE is located on GREEN CROFT in SHAP, in the CA10 postcode district. The below map shows the position of CROFTSIDE on GREEN CROFT.