ORCHARD HOUSE, FELL LANE, PENRITH, CA11 8AP - £345,000

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

ORCHARD HOUSE is a very large extended detached house of 208m², built sometime between 1983 and 1990. It was last sold for £345,000 in December 2015, which was around 23% above the average December 2015 detached price in the Westmorland and Furness local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

ORCHARD HOUSE Sold Prices

Land registry data shows four sales for ORCHARD 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. Most of the four ORCHARD 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
2015 21 DEC	£345,000	£280,609	23% above HPI
2005 17 JUN	£355,000	£239,184	48% above HPI
1996 30 MAY	£126,000	£79,512	58% above HPI
1995 22 MAY	£70,000	£80,006	13% below HPI

ORCHARD 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 ORCHARD HOUSE sales between May 1995 and December 2015 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 June 2005 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the December 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is ORCHARD HOUSE?

ORCHARD HOUSE is 208m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Penrith, based on EPC data. The below chart shows the distribution of detached houses by size in Penrith, and where ORCHARD HOUSE lies on this distribution: 95% of detached houses are smaller than ORCHARD HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Penrith.

ORCHARD HOUSE: Plot and Title Map

ORCHARD HOUSE sits on a plot of roughly 0.196 of an acre, or 794m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD HOUSE?

ORCHARD HOUSE is located on FELL LANE in PENRITH, in the CA11 postcode district. The below map shows the position of ORCHARD HOUSE on FELL LANE.