HIGH RAISE, GRAHAM STREET, PENRITH, CA11 9LB - £290,000

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

HIGH RAISE is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £290,000 in October 2020, which was around 15% below the average October 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

HIGH RAISE Sold Prices

Land registry data shows two sales for HIGH RAISE 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 HIGH RAISE 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
2020 21 OCT	£290,000	£339,591	15% below HPI
2013 25 FEB	£215,000	£258,453	17% below HPI

HIGH RAISE 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 HIGH RAISE sales from February 2013 and October 2020 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 February 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might HIGH RAISE be worth now?

HIGH RAISE might now be worth an estimated £343,420.

This is based on house price inflation of 18.4%, between October 2020 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 18.4% inflationary increase is applied to the most recent sale price for HIGH RAISE of £290,000 on 21st October 2020. For the value to have increased from £290,000 to £343,420 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of HIGH RAISE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The October 2020 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH RAISE has not materially changed since October 2020.

How Large is HIGH RAISE?

HIGH RAISE is 97m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% 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 HIGH RAISE lies on this distribution: 30% of detached houses houses are smaller than HIGH RAISE, and 70% of houses are larger. Note that EPC data is not available for all properties in Penrith.

HIGH RAISE: Plot and Title Map

HIGH RAISE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of HIGH RAISE, 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 HIGH RAISE). 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 HIGH RAISE?

HIGH RAISE is located on GRAHAM STREET in PENRITH, in the CA11 postcode district. The below map shows the position of HIGH RAISE on GRAHAM STREET.