HORNBEAMS, MORLAND, PENRITH, CA10 3AX - £492,000

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.

HORNBEAMS is a very large extended detached house of 264m², built sometime between 1996 and 2002, which could now be worth an estimated £636,148. It was last sold for £492,000 in May 2020, which was around 60% above the average May 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

HORNBEAMS Sold Prices

Land registry data shows two sales for HORNBEAMS 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 HORNBEAMS sales were for above 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 28 MAY	£492,000	£307,973	60% above HPI
2006 24 NOV	£350,000	£264,534	32% above HPI

HORNBEAMS 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 HORNBEAMS sales from November 2006 and May 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 November 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2020 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might HORNBEAMS be worth now?

HORNBEAMS might now be worth an estimated £636,148.

This is based on house price inflation of 29.3%, between May 2020 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 29.3% inflationary increase is applied to the most recent sale price for HORNBEAMS of £492,000 on 28th May 2020. For the value to have increased from £492,000 to £636,148 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of HORNBEAMS has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The May 2020 sale price of £492,000 represented a fair market value for the property.
• The size, condition, and specification of HORNBEAMS has not materially changed since May 2020.

How Large is HORNBEAMS?

HORNBEAMS is 264m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses houses in Morland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morland, and where HORNBEAMS lies on this distribution: More than 99% of detached houses houses are smaller than HORNBEAMS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Morland.

HORNBEAMS: Plot and Title Map

HORNBEAMS sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of HORNBEAMS, 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 HORNBEAMS). 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 HORNBEAMS?

HORNBEAMS is located in MORLAND, in the CA10 postcode district. The below map shows the position of HORNBEAMS in MORLAND.