LABURNUM HOUSE, LANGWATHBY, PENRITH, CA10 1LW - £425,000

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

LABURNUM HOUSE is a large detached house of 153m², built sometime before 1900. It was last sold for £425,000 in November 2022, which was around 14% above the average November 2022 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was B.

LABURNUM HOUSE Sold Prices

Land registry data shows four sales for LABURNUM HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the four LABURNUM HOUSE 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
2022 24 NOV	£425,000	£373,536	14% above HPI
2019 3 SEP	£350,000	£316,289	11% above HPI
2016 20 DEC	£310,000	£282,011	10% above HPI
1995 20 OCT	£108,300	£80,886	34% above HPI

LABURNUM HOUSE 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 four LABURNUM HOUSE sales between October 1995 and November 2022 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 September 2019 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is LABURNUM HOUSE?

LABURNUM HOUSE is 153m² according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Langwathby, based on EPC data. The below chart shows the distribution of detached houses by size in Langwathby, and where LABURNUM HOUSE lies on this distribution: 67% of detached houses are smaller than LABURNUM HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Langwathby.

LABURNUM HOUSE: Plot and Title Map

LABURNUM HOUSE sits on a plot of roughly 1,385.9 acres, or 5,608,559m². The below map shows the location of LABURNUM HOUSE, 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 LABURNUM HOUSE). 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 LABURNUM HOUSE?

LABURNUM HOUSE is located in LANGWATHBY, in the CA10 postcode district. The below map shows the position of LABURNUM HOUSE in LANGWATHBY.