HERMITAGE BUNGALOW, SHAP, PENRITH, CA10 3LX - £220,000

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

HERMITAGE BUNGALOW is a large extended detached house of 150m², built sometime before 1900. It was last sold for £220,000 in December 2021, which was around 35% below the average December 2021 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

HERMITAGE BUNGALOW Sold Prices

Land registry data shows two sales for HERMITAGE BUNGALOW 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 HERMITAGE BUNGALOW 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
2021 22 DEC	£220,000	£338,175	35% below HPI
2003 3 APR	£90,000	£159,769	44% below HPI

HERMITAGE BUNGALOW 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 HERMITAGE BUNGALOW sales from April 2003 and December 2021 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 April 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is HERMITAGE BUNGALOW?

HERMITAGE BUNGALOW is 150m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Shap, based on EPC data. The below chart shows the distribution of detached houses by size in Shap, and where HERMITAGE BUNGALOW lies on this distribution: 80% of detached houses are smaller than HERMITAGE BUNGALOW, and 20% of houses are larger. Note that EPC data is not available for all properties in Shap.

HERMITAGE BUNGALOW: Plot and Title Map

HERMITAGE BUNGALOW sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of HERMITAGE BUNGALOW, 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 HERMITAGE BUNGALOW). 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 HERMITAGE BUNGALOW?

HERMITAGE BUNGALOW is located in SHAP, in the CA10 postcode district. The below map shows the position of HERMITAGE BUNGALOW in SHAP.