MIDTOWN HOUSE, MAIN STREET, SHAP, PENRITH, CA10 3NQ - £160,000

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

MIDTOWN HOUSE is a very large extended detached house of 159m², built sometime before 1900, which could now be worth an estimated £207,423. It was last sold for £160,000 in November 2018, which was around 48% below the average November 2018 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was December 2017, where the current energy rating was E, and the potential energy rating was C.

MIDTOWN HOUSE Sold Prices

Land registry data shows three sales for MIDTOWN HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Westmorland and Furness local authority area for the corresponding sale date. All of the three MIDTOWN HOUSE 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
2018 23 NOV	£160,000	£307,163	48% below HPI
2006 31 JUL	£190,000	£259,804	27% below HPI
2004 3 SEP	£168,500	£222,122	24% below HPI

MIDTOWN 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 three MIDTOWN HOUSE sales between September 2004 and November 2018 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 July 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might MIDTOWN HOUSE be worth now?

MIDTOWN HOUSE might now be worth an estimated £207,423.

This is based on house price inflation of 29.6%, between November 2018 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 29.6% inflationary increase is applied to the most recent sale price for MIDTOWN HOUSE of £160,000 on 23rd November 2018. For the value to have increased from £160,000 to £207,423 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of MIDTOWN HOUSE has moved in line with the HPI for detached houses in the Westmorland and Furness local authority area.
• The November 2018 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of MIDTOWN HOUSE has not materially changed since November 2018.

How Large is MIDTOWN HOUSE?

MIDTOWN HOUSE is 159m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the largest 20% of detached houses houses in Shap, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shap, and where MIDTOWN HOUSE lies on this distribution: 84% of detached houses houses are smaller than MIDTOWN HOUSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Shap.

MIDTOWN HOUSE: Plot and Title Map

MIDTOWN HOUSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of MIDTOWN 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 MIDTOWN 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 MIDTOWN HOUSE?

MIDTOWN HOUSE is located on MAIN STREET in SHAP, in the CA10 postcode district. The below map shows the position of MIDTOWN HOUSE on MAIN STREET.