LAUREL HOUSE, CULGAITH, PENRITH, CA10 1QL - £388,000

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.

LAUREL HOUSE is a very large extended detached house of 250m², built sometime before 1900, which could now be worth an estimated £452,477. It was last sold for £388,000 in December 2020, which was around 14% above the average December 2020 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was February 2015, where the current energy rating was F, and the potential energy rating was D.

LAUREL HOUSE Sold Prices

Land registry data shows four sales for LAUREL 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 LAUREL 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
2020 10 DEC	£388,000	£341,461	14% above HPI
2006 26 MAY	£320,000	£253,170	26% above HPI
1997 25 JUN	£115,000	£88,149	30% above HPI
1996 21 AUG	£118,100	£82,829	43% above HPI

LAUREL 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 LAUREL HOUSE sales between August 1996 and December 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 May 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might LAUREL HOUSE be worth now?

LAUREL HOUSE might now be worth an estimated £452,477.

This is based on house price inflation of 16.6%, between December 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 16.6% inflationary increase is applied to the most recent sale price for LAUREL HOUSE of £388,000 on 10th December 2020. For the value to have increased from £388,000 to £452,477 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of LAUREL HOUSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The December 2020 sale price of £388,000 represented a fair market value for the property.
• The size, condition, and specification of LAUREL HOUSE has not materially changed since December 2020.

How Large is LAUREL HOUSE?

LAUREL HOUSE is 250m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of detached houses houses in Culgaith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Culgaith, and where LAUREL HOUSE lies on this distribution: 97% of detached houses houses are smaller than LAUREL HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Culgaith.

LAUREL HOUSE: Plot and Title Map

LAUREL HOUSE sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL HOUSE?

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