EDGECUMBE, FELL LANE, PENRITH, CA11 8AD - £280,000

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

EDGECUMBE is a small extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £280,000 in October 2018, which was around 8% below the average October 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

EDGECUMBE Sold Prices

Land registry data shows two sales for EDGECUMBE 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 EDGECUMBE 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 25 OCT	£280,000	£303,639	8% below HPI
2009 9 NOV	£195,000	£261,970	26% below HPI

EDGECUMBE 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 EDGECUMBE sales from November 2009 and October 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 November 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is EDGECUMBE?

EDGECUMBE is 104m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where EDGECUMBE lies on this distribution: 37% of detached houses are smaller than EDGECUMBE, and 62% of houses are larger. Note that EPC data is not available for all properties in Penrith.

EDGECUMBE: Plot and Title Map

EDGECUMBE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of EDGECUMBE, 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 EDGECUMBE). 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 EDGECUMBE?

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